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Why this matters: Tax aspects are basic to the sale or ownership of real estate. When applicable, income taxes have significant financial impact on sellers and buyers of real estate. This article explains how to offer tax advice when appropriat...
As we fully embrace the cozy arms of autumn, our outdoor spaces transform in the most amazing way. The warm vibes of fall make us want to soak up the great outdoors even more. And guess what? You don’t have to stop having outdoor fun ju...
Starting next year, you won’t have to comb through Facebook Marketplace or Craigslist for a decent used refrigerator because your California apartment doesn’t come with one.That’s because on Monday Gov. Gavin Newsom signed Assembly Bill ...
If you’ve been following real estate news lately, you’ve probably seen headlines saying home prices are flat. And at first glance, that sounds simple enough. But here’s the thing. The reality isn’t quite that straightforward.
In most p...
September was another busy month for New York City office deals. The top four on this list of the largest office leases alone comprise well over one million square feet of leased office space. Also included are a controversial new city departme...
Everyone is now invited to come experience the high life in Beverly Hills. New details about a floating public garden, which will be part of a more than $10-billion luxury housing and hotel complex, were unveiled on Thursday by its London-base...
Why this matters: The slow moving 10-year Treasury note rate is the base for setting the 30-year FRM rate and capitalization rate which control what a homebuyer can pay to purchase a home and an investor will pay to acquire an income property. ...
Expert guidance for first-time home buyers
The housing market can be a tough and sometimes confusing place to navigate — especially for first-time buyers. Home buying conditions are in a constant state of flux, shifting over time and by g...
Key Takeaways
Not every homeowner has to report a sale on their tax return, but if you receive Form 1099-S or your gain exceeds IRS limits, reporting is required.
The ownership and use tests determine whether you can exclude up to $250,0...