Real Estate

Being a realtor is not for the faint of heart. The fluctuations in your income from year to year based on housing market ups and downs can make financial planning extremely challenging. Here are some tips on managing your finances through the real estate cycles: Handling the Boom Years There's

While many areas of modern American law have evolved substantially from their ancient English roots, our property law terminology still carries echoes of the feudal system that originated centuries ago. Two phrases that require decoding for today's real estate world are "fee simple" and "fee tail" -

Maintaining the Value and Appeal of Your Rental Property Owning rental properties requires ongoing maintenance and occasional upgrades to keep them in good condition and attractive to tenants. While these actions impact your property's value and functionality, they also have significant

Renting out a second home can provide a variety of benefits for homeowners in the position to do so. However, there are also a variety of things to consider when you're renting out your second space. When homeowners decide to make this change, many wonder what qualifies as a deduction when the

Owning an Airbnb or indulging in short-term rentals can be a lucrative venture, but come tax season, the excitement can quickly sour if you aren't prepared. This comprehensive guide is here to demystify the process and help you maximize your deductions, leaving you with more green in your

We were recently featured on Porch.com covering some of the tax considerations and implications. Visit the article for more considerations across the real estate landscape. Tax Considerations for Real Estate As with any investment, understanding the tax implications of managing real estate

Vacant spaces in commercial properties can be a nightmare. Not only do they represent lost income, but navigating the complex world of tax deductions for such spaces can be equally frustrating. Understanding the Rules of the Game The IRS doesn't readily hand out "bonus points" for empty units.

The Federal Housing Administration (FHA) approved 40-year mortgages in May 2022. This is a significant change from the traditional 30-year mortgage, and it has both pros and cons for potential borrowers. Why was it approved? The FHA approved 40-year mortgages in an effort to make homeownership