When buying property, remember, location, location, location. Choosing the right location means you'll wind up with a property that increases in value faster than those in other areas. It can mean you'll sell faster and for more money. A great location will allow you to command higher rent for an investment property.
A buyer moves into a condo only to find a leak in the bathroom that didn't come up during the home inspection. It's possible the seller didn't know of the leak and therefore didn't disclose it to the buyer. The buyer should see how much the repair will cost before taking action against the seller.
If you are going to give someone the gift of property, there are ways to minimize or avoid the gift tax. You can give the property and pay the gift taxes for the person. You can also give the property in increments of $12,000, the maximum amount anyone can give without having to pay the IRS' gift tax. There are several options to give property as a gift without having to pay gift taxes on it.
It's Valentine's Day week and the world is abuzz with love. Or rather, retail merchants in the U.S. are hoping that everyone feels enough love to go ...
Ilyce kicks off the show talking about autosurfing schemes and scams. Ilyce then takes calls on topics from the future of interest rates to how to deal with harassing creditor calls. Ilyce also has tips for Valentine's Day gift buying.
The feds are moving in on 12dailypro.com and StormPay.com and not a moment too soon. Well, it is going to be too soon for those folks who have talked ...
Wouldn't it be great to get a return of 12 percent on every dollar you invested? Well, there are plenty of websites out there promising that -- and mo...
Buyers and sellers should be represented by independent agents. In this case, after making a verbal offer on a condo, the sellers raised the price $500 dollars. It may be unethical, but it is not illegal. You may think you'll be able to get a better deal by avoiding the commission of a broker or agent, but you might be setting yourself up to be taken advantage of.
A buyer is purchasing a home in a community that requires the buyer to pay a transfer tax. The buyer is allowed to deduct the amount of "personal property" that is part of the deal. Now the buyer is trying to figure out exactly what qualifies as "personal property".
