tax: Buying Your First Home and Tax Time
- 02/28/17 12:53 PM
Buying your first home and tax time is a pertinent Active Rain published blog that is relevant to Real Estate. To see the entire blog post, scroll down. Buying Your First Home and Tax Time in Charlotte If you’re a first time home buyer, your new house for sale in Ardrey will likely work in your favor come tax day. The key is to educate yourself about the regulations and benefits associated with buying a home and prepare accordingly. Read on for details about buying your first home and tax time to take advantage of all the breaks available to you! Mortgage Interest … (1 comments)
tax: 5 Major Reasons Why You Should Buy a Home Instead of Rent
- 02/22/17 08:29 AM
There are times when it is better for a person to rent, but most often home ownership has many more benefits and advantages. About 10 year ago a had a retired aunt and uncle who rented a condo in Las Vegas. Uncle Jim (not his real name) was a retired minister. Throughout his career he and his wife lived in parsonages, which are homes furnished by the congregation while they ministered there. He and his wife told me that the biggest mistake they ever made was not to invest in buying a home. In their retirement years, when their other retired friends were … (1 comments)
tax: 4 Dangers In Flipping Real Estate in Alexandria
- 02/09/17 07:50 AM
If you have recently purchased some real estate for investment purposes, you are in good company. Recent reports suggest that as many as 25% of these purchases are made by those who plan on using the property for investment purposes only. If you hope to “flip” the property there are 4 things you must be aware of that can put a crimp on your profits. 1. Property Taxes. Keep the property for a few years and you may experience a surge in property taxes especially if your taxes are reevaluated during that time. Some hot real estate markets have seen taxes nearly double … (1 comments)
tax: Welcome to Property Management
- 08/25/15 06:12 AM
Property management is a business in and of itself. If you want to invest in real estate, but you don’t want to be a property manager, the solution is really quite simple: employ the services of Nesbitt Realty. Our property managers are experienced individuals who will manage the day-to-day operations of your property. We manage residential properties, multi-family properties and even homeowners and condo associations.
A big value-add provided by your Nesbitt Realty property manager is “separation”. This to say, your Nesbitt Realty property manager maintains a level of separation between the landlord and the tenants and the property. As you may … (10 comments)
tax: Lender Checklist: What You Need for a Mortgage
- 05/12/14 12:23 AM
W-2 forms — or business tax return forms if you’re self-employed — for the last two or three years for every person signing the loan. Copies of at least one pay stub for each person signing the loan. Account numbers of all your credit cards and the amounts for any outstanding balances. Copies of two to four months of bank or credit union statements for both checking and savings accounts. Lender, loan number, and amount owed on other installment loans, such as student loans and car loans. Addresses where you’ve lived for the last five to seven years, with names of … (2 comments)
Neighborhood notes, local features and tips for buyers, sellers, renters and landlords in Northern Virginia especially Alexandria, Arlington, Fairfax and Falls Church. Including fast and free property search tools.
Buying your first home and tax time is a pertinent Active Rain published blog that is relevant to Real Estate. To see the entire blog post, scroll down.
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