Archive | Rentals

HOW LONG TO KEEP TAX RECORDS AND RETURNS

Personal Finance Kiplinger’s Personal Finance Adviser has some recommendations in their January issue. I have been a believer in them since the 60’s. You have to believe in someone or something. Tax return information: three years. I happen to believe that you keep the actual return for your lifetime. Get to go back and amuse […]

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hand of businessman with money buying house isolated on blue background

The Rentals Are Just Growing

The Rentals Are Just Growing Is it just my imagination or did the huge companies that gobbled up all the single family foreclosures and turned them into rentals have not sold very many? Sure seems like that to me. Remember the vast number of all cash offers? Where are all these mystery houses? The buyers […]

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modern complex of apartment residential buildings. with many benches and outdoor facilities.

You Own A Rental Property With Equity, Keep Reading And If You Are A Real Estate Agent, Keep Reading For Sure

Many Intelligent Citizens Purchased Rental Houses Or Other Rental Properties At The Right Time In The Chaos Or Downturn. They now have some good amounts of equity. They can continue getting more inflation and operation monies, or they could consider selling. Selling could bring on some tax problems, because the famous $250K/$500K Exclusion of Gain […]

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Real Estate Agent Handing over Keys to a House

What Do You Do When a Seller Wants to Stay in Property After Close? Ask Mr. Hunt

Why Do Sellers Stay On Property After Closing the Deal? It is very difficult for sellers to completely plan the “exact” date of departure. Lenders, Escrow Officers, Buyers, Inspectors, Regulators, Transaction Coordinators, and others can do things entirely unannounced that can change dates. Also, sellers sometimes believe if their Purchase Escrow is delayed, their Sale Escrow […]

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