Category Archives for "Real Estate Trends"
Are homeowners association (HOA) fees eligible for tax deductions? A certified public accountant outlines the specific conditions under which these fees can be written off and situations where they cannot. The eligibility largely depends on individual circumstances and the nature of the expenses.
Continue readingHouse hacking is allowing many new homeowners to fulfill their homeownership goals. This approach to real estate also involves unique tax considerations.
Continue readingHouse hacking enables numerous new homeowners to fulfill their aspirations of owning a home. This approach to real estate also involves unique tax considerations.
Continue readingWhen purchasing a home, it’s crucial to ensure the property is free from any liens. However, properties with unpaid taxes are still available for acquisition. Here’s the process for buying such homes.
Continue readingWhen purchasing a home, it’s important to ensure there are no legal claims or debts attached to the property. However, properties with unpaid taxes are still available for buyers. Here’s the process to acquire them.
Continue readingOlder generations have the opportunity to distribute the lifetime wealth they’ve built, but they are opting to keep their financial resources and properties for the foreseeable future.
Continue readingBaby boomers have the opportunity to distribute the wealth they’ve accumulated over the years, but they are opting not to. Their financial resources and real estate holdings remain largely retained for the foreseeable future.
Continue readingThe rise in frequent natural disasters may influence property tax rates in areas that are vulnerable to these events.
Continue readingWith natural disasters occurring more frequently, property taxes in areas susceptible to such events may be impacted.
Continue readingWith ongoing wildfires affecting California, numerous concerns have surfaced. One key issue is whether condo owners who have lost their residences are still obligated to pay HOA fees. Additionally, there is a growing need to understand the differences between a Community Development District (CDD) and a Homeowners Association (HOA).
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