Tax incentives and tax deductions for real estate investors is suggested to be the cure to the housing market meltdown and the problems in the commercial real estate market. Q: With the U.S. real estate market still at death’s door – and the prospect of a “triple dip” for commercial and residential prices a very [...]
Low balance loan may be difficult to refinance particularly when you have had the loan for some time. Q: I owe $58,000 on a conventional loan that has 11.6 years left. I was wondered if it is a good time to refinance or should I keep what I have. My interest rate is 5.7 percent. [...]
Babies bring us happiness—and tax benefits. I have a number of tax tips that will help you figure out the tax benefit you’re entitled to with a new baby. It’s just a little added bonus to your bundle of joy. Tax Tips: What are some tax benefits for parents? The dependency exemption is worth $3,700 [...]
Merry Brodie and Bill Nemeth on the show. 2011 Tax Questions Answered. And as usual, providing personal finance advice, real estate advice and consumer advice on the Ilyce Glink Show November 13, 2011 on WSB Radio. As 2011 winds down, this week's show was dedicated to giving listeners an opportunity to have their tax questions [...]
Today, we're answering your tax questions on the Ilyce Glink Show. We have Merry Brodie, an Enrolled Agent and owner of several Jackson Hewitt Franchises in the Atlanta area, and Bill Nemeth, an Enrolled Agent who is president of the Georgia Association of Enrolled Agents (4GAEA.org). What is an Enrolled Agent? Here's a summary from [...]
When you sell a Second Home, you may not get the tax advantages unless the home was an investment property and can defer capital gains. Q: We are considering selling a second home to find another one closer in proximity to our permanent home. We do not want to sell until we find another house [...]
New construction home buyer gets buyer's remorse and wants to buy a different home. Q: I signed a contract two months ago for a newly-built house with a leading builder. The home will take about four months to build. The builder has not applied for the permit and has not done any of the ground [...]
Homeowners underwater may find some limited help with the new Home Affordable Refinance Program or HARP 2.0 started by the government. Ilyce Glink appeared on Seattle, Washington radio station KOMO Newsradio's program Consumer Notebook to discuss HARP 2.0 program changes that could help homeowners underwater qualify to refinance their mortgage loan. I appeared this week on [...]
When weighing your options for buying a home, you may hear the same criteria: Have you saved enough money for a down payment? Can you afford the expenses associated with owning a home? Are you going to stay in the home for a short period of time or is this home a place you intend [...]
My husband was flipping channels recently (as men like to do) and found the Me-TV Network and the This TV Network. Both channels are running those old shows from the ’60s, like Leave It To Beaver and Father Knows Best. Do you remember those magical shows where families could live on just the dad’s income [...]
