Monthly Archives: May 2006
Ilyce Glink on WSB Radio – May 28, 2006
In her May 28 show, Ilyce Glink offers her WSB listeners useful real estate advice, personal finance advice, and tips on making life just a little bit easier.
Going on Vacation
I’ll be on vacation for the holiday weekend, starting tomorrow. I’ll be back Monday night, and will start posting again next week.
Happy (long) Memor…
If You’re Getting A Non-Traditional Mortgage, Your Credit Probably Isn’t Up To Snuff
The Consumer Federation of America released the results of a new study this morning called “Exotic of Toxic? An Examination of the Non-Traditional Mor…
Capital Gains Tax Not Owed On Some Inherited Property
Capital gains tax is not necessarily owned on property that is inherited. If you inherit property and then sell it, you may qualify for a special exemption. The deceased are entitled to pass down up to $2 million in their estate tax-free.
Scams And More Scams
On yesterday’s show, I said I’d post the links to stories about various scams that seem to be popping up like the plague. Here they are, in no particu…
Debt Increases With Payday Loans
When you’re paycheck isn’t enough to live on or you find you need money you don’t have you may decide to get a payday loan. But are payday loans a good idea? When you take out a payday loan you’re usually getting an advance on your paycheck and you’ll increase your debt. Payday loans often end in exorbitant interest payments and bankruptcy court because debtors cannot repay the debt.
Squatter’s Rights And Adverse Possession
There is a concept in law that is called adverse possession. Adverse possession allows one party to become the owner of someone else’s property if they use the property in an open manner and contrary to the rightful owner’s rights. If the neighbor pays real estate taxes, uses the land and keeps it as his own for a certain period of time — as many as 21 years in some states, less in others — that person is allowed to keep the land forever as his own.
Ilyce Glink on WSB Radio – May 21, 2006
In her May 21 show, Ilyce Glink offers her WSB listeners useful real estate advice, personal finance advice, and tips on making life just a little bit easier.
Sell Investment Property At Loss, Claim Tax Deduction
When you sell an investment property for less than what you bought it for you’re selling it for a loss. You may be able to claim the investment property loss on your taxes as a tax deduction when you file your income tax but it depends on whether you work in real estate. To fully understand what kind of tax deduction you can take when you sell an investment property at a loss consult an accountant.
House As a Mirror of Self: Exploring the Deeper Meaning of Home
Clare Cooper Marcus’s eye-opening study of people’s emotional ties to their houses, apartments, cottages, trailers and other dwellings offers useful, …
