investing in real estate: Moving On Up! - 05/12/10 06:31 AM
Moving On Up!  - Capital Gains When Selling Your Home -
69% of people in the United States own their own home.  One question I am often asked when a homeowner is considering selling their home is the amount of taxes they will be liable for on the sale.
The good news is that if you have lived in the house for 2 out of the last 5 years, making it your primary residence, you can claim an exempt from capital gains taxes up to $250,000. for single filers and $500,000 for joint filers.
The really good news is that … (5 comments)

investing in real estate: Is Real Estate A Good Investment? - 04/30/10 08:48 PM
People often come to me with questions about investing in real estate.  Most are looking for passive income and a chance to build their net wealth.   A good rental property can do both.  Right now Certificates of Deposit are paying 1.54%.  If you had $50,000 in a CD, you could reasonably expect to earn $771.54 in interest over the next year.  The same $50,000 in a money market would earn $671.34 ( 1.34% ) in the same time period.  There is a house for sale in Kansas City for $50,100.  It is currently rented for $600/month.  That's $7,200/year.  Subtract your … (4 comments)

 
Maria Morton, Kansas City Real Estate 816-560-3758 (Chartwell Kansas City Realty) Rainmaker large

Maria Morton

Kansas City Real Estate 816-560-3758

Kansas City, MO

More about me…

Chartwell Kansas City Realty

Address: 4141 Pennsylvania Ave. Ste. 105, Kansas City , MO, 64111

Office: (816) 877-8200

Mobile: (816) 560-3758

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