By: Frugal World Real Estate Views: 2936 | Comments: 0 | Votes: 1
Why is the 1031 Tax Deferred Exchange important to a Real Estate Property Investor?An investor in real estate understands how important it is to preserve wealth and assets. In the frequently changing world of taxation, the investor is fortunate to have IRC Section 1031. This tax code allows the investor to exchange from one investment property to another and defer taxes on the gain. More
By: Kenneth R. Harney Home Loans Views: 2935 | Comments: 0 | Votes: 0
Home buyers and refinancers face higher fees for credit reports this year – a price boost that has mortgage, credit industry and consumer group leaders fuming. Some believe that the higher fees will have an inordinately heavy impact on moderate-income and minority first-time mortgage applicants who have nontraditional credit patterns, marginal credit scores or “thin” credit files. More
By: Frugal World Real Estate Views: 2903 | Comments: 0 | Votes: 0
Mechanics' Liens is a complex one, as evidenced by the fact that over 200 sections of the California Civil Code deal with the subject. A Mechanics' Lien may be made by a person providing work, materials or services to improvereal property. An action to foreclose the lien is filed with the proper court within that 90 day period after recordation of the lien.2. 3143 Cal. More
By: Kerry Freeman EA Tax Planning Views: 2878 | Comments: 0 | Votes: 0
Act Now to Make 2008 Less Taxing What you don't do by the end of this year could end up costing you plenty next year. A combination of market forces and the phasing out of certain tax benefits makes it extra-important to grab every tax advantage you can right now. How can that be? The net effect is that fund shareholders get hit with a taxable distribution. That's a big savings. Mr. More
By: Kenneth R. Harney Home Loans Views: 2878 | Comments: 0 | Votes: 0
When an investor offers you $50,000 or $100,000 in exchange for 30 percent to 50 percent of your home's future appreciation, is it a good deal? That's what a new breed of investment firms is promoting as an alternative to traditional home equity loans, lines of credit and reverse mortgages. Two of the investment companies – REX & Co. Absolutely. That may suit you just fine. More
By: Alan D. Fisher Real Estate Views: 2875 | Comments: 3 | Votes: 2
The Problem When it comes to selling real estate, one of the most difficult and frustrating situations for sellers is when market conditions make it nearly impossible to sell at the desired price point. With traditional property sales methods, the only way to prevent the property from sitting on the market indefinitely is to keep dropping the price. And as you know, that "Mr./Mrs. More
By: Antonio Vega-Pacheco Real Estate Views: 2866 | Comments: 0 | Votes: 0
This message is intended for Florida residents and those considering moving to Florida.On January 29 we will have the opportunity to vote in Amendment 1. Voting for Amendment 1 will guarantee reduced homeownership taxation in 2 ways. First, the homestead exemption will double from the current $25,000 to $50,000. More
By: Art Of Saving Banking Views: 2853 | Comments: 0 | Votes: 0
Boosting Your Credit-Rating With A Well-Managed Credit Card A considerable obstacle standing between many Americans and the consumer goods they consider a necessary or desirable part of life is a ready way to pay for them. From a new piece of furniture to a car or even a house an age old problem stands in their way: MONEY – or rather how to get hold of it. More
By: WiseSaver Personal Finance Views: 2848 | Comments: 0 | Votes: 0
In the world we live in, donations charity has become a very important subject. Just look around: natural disasters, poverty, hunger and many life-threatening situations. This is exactly what we can see day after day on TV or even near us. In this context, it is no wonder that donations charity has become essential. The fact is that a donation does not need to be very substantial. More
By: Goldfish Home Loans Views: 2813 | Comments: 0 | Votes: 0
Many consumers age 62 or older are "house-rich and cash-poor" — their mortgages are paid off, but they are living on fixed or limited incomes. A "reverse mortgage" may allow some consumers to take advantage of their home as a valuable asset and convert it to a source of income without losing home ownership. To qualify for a reverse mortgage, you must own your home. and abroad. More
