If you live in a planned housing development managed by a homeowner's association (HOA), you are liable for monthly dues that pay for maintenance and upkeep of the common property. Prospective buyers should be well informed on HOA fees before occupying a townhouse or ...
Buying an attached home, such as a condominium or townhouse, is often an affordable way to become a homeowner. These homes belong to a larger community run by a homeowner's association. HOAs oversee ...Read More
Sometimes also called syndications or TICs, tenant-in-common investments are ways to own pieces of real estate assets. Instead of buying a small asset by yourself, a TIC allows you to pool your money ...Read More
It has been said that real estate, particularly land, is a solid investment because the supply is limited -- nobody is producing any more. Although the growth of population seems to guarantee that ...Read More
Investors can use both private real estate funds and REITs as tools for diversifying a long-term investment portfolio. You can invest in real estate as a hedge against inflation and as a source of ...Read More
When it comes to personal debt, it’s important to maintain positive equity. This means the value of purchases you’ve financed is greater than the loan balance. Owing more on a house or car than what ...Read More
As the U.S. Department of Agriculture points out, farm real estate values are critical for farmer-landholders to ascertain for a variety of reasons. Farm land is the principal source of collateral ...Read More
Owner-occupied rental properties like duplexes receive extremely favorable tax treatment. The Internal Revenue Service treats them as a hybrid of two properties -- a personal residence and an ...Read More
While there are numerous arguments in favor of buying your investment condo for 20 percent or more down, namely, lower interest rates and a smaller amount to borrow, you may be able to pull off a ...Read More
A land trust represents a type of revocable trust designed to hold real estate. While most trusts are used extensively in estate planning, land trusts have two different purposes. One purpose is to ...Read More
A short sale flip is when an investor purchases and simultaneously resells, at a higher price, a short sale property — a property selling for less than the current mortgage balance. For this kind of ...Read More
Joint tenancy is a form of ownership that is inexpensive and easy to create. Surviving joint tenants automatically take on the deceased joint tenants' property interests. Many people hold assets ...Read More
At tax deed sales, you can purchase the title to various properties that have been foreclosed upon by county tax authorities. Taxing authorities hold tax deed sales to recover the amount of the ...Read More
A home appraiser is the authority on what a home's value is on the open market. Generally, the appraisal is based on the size of the home and what homes with similar sizes and features have sold for ...Read More
The income and expenses from rental properties are reported on Schedule E, where you're allow to write off all of your ordinary and necessary operating expenses. However, some of the expenses you ...Read More