The popular saying in property or real estate investment is “buy low, sell high.” So, why are more people not turning a profit on their property with such a simple rule? Because it can be difficult to know what “low” and “high” is in a market that’s constantly changing. Many people can overvalue real estate.
[Question]I’m thinking about selling my house and then renting for a while. Will I have to pay higher capital gains taxes on my home sale because I’m not rolling over the money to a new house? [Answer]No. You’re thinking of the old law, under which people could delay paying taxes on their home-sale profits if
Homes in America are selling like hotcakes, with the exception of some properties in the luxury market like the $19.75 million “Versailles in Manhattan” nobody wants to buy. The time it takes for a house to go from listing to sale keeps falling because there are’s an abundance of buyers waiting to pounce and even stretch
The real estate market has made quite a recovery from the recession lows. Home values have been steadily increasing for a number of years. Now is a great time to sell your home depending on which market you live in. Selling a house isn’t a cakewalk like some might imagine. It takes a fair amount
Most people who watch home renovation shows on TV can quickly spout off the home improvement projects that bring added value in the eyes of potential buyers. The first projects most people mention: kitchen and bathroom remodels. But sometimes you just don’t have the time, patience, or budget to do a full overhaul, especially if
Not all upgrades are equal If you’re like most Americans, your home is probably your biggest investment. You want that investment to perform as well as possible, so if you think you may sell your home sometime soon, it makes sense to do as much as you can to boost its value. Depending on your