Home Equity and Investment Properties One of the benefits of owning a home is building equity in that property over time. Equity is the difference between what your home is currently worth and how much you owe on your...
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Current State of the Rent-versus-Own Debate There are pros and cons of both renting an apartment and owning a home. Renting a home When you rent, you have more flexibility. If you need to move, you don’t have to...
The Augusta Rule: A Special Tax Break Originally created to protect the residents in Augusta, Georgia, who rented out their homes to attendees of the annual Masters Tournament, the Augusta Rule dates back to the 1970s. At that time,...
How to Avoid Tax Pitfalls With Your Vacation Rental Property Purchasing a vacation home and renting it when you are not using it is an excellent way to help finance the property. However, the tax aspects of renting your...
Own Property? Here’s a Smart Way to Save on Taxes Own property? Here’s a smart way to save on taxes.If you’re a property owner looking for ways to reduce your tax bill, cost segregation might be the strategy you’ve...
Have you ever daydreamed about how nice it would be to own a house in the woods or along the shore? Here are some financial pointers to consider if owning a vacation home is on your bucket list. Are...