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Rarely Rented HOMEOWNER: Uses ski cabin primarily for own purposes and only rents it out for a week in December. TAX IMPLICATIONS: This is the most straightforward scenario. If a vacation house is rented out for less than 15 days each year, the rental
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If your grown children are thinking of taking advantage of the best buyers’ market in years, perhaps you are considering assisting them. There are several reasons why now is a great time to help your child realize his or her dream of homeownership:
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A 1031 exchange, otherwise known as a tax deferred exchange is a simple strategy and method for selling one property, that's qualified, and then proceeding with an acquisition of another property (also qualified) within a specific time frame. The
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Raw Land Loans are meant to facilitate the purchase of wholly undeveloped pieces of property. They differ from vacant land loans on a number of points. A Closer Look at Raw Land Loans Raw land is generally defined as property that does not have any improvements
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Seem impossible? I invite you to think outside the box. Buying raw land can be intimidating. The journey from a lot with no improvements to a finished home is a long one. Some call it a labor of love- some call it a nightmare. It is no secret that you
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A couple months ago I discussed buying real estate using a self directed retirement account, but what typically happens and where do you turn if you need more money than your retirement asset has in it? There is probably no better known lender in this
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Everyone knows the rule of thumb that you must diversify your investment portfolio to spread out your risk. But few people are aware that they can invest in real estate using money from certain individual retirement accounts, known as self-directed IRAs.
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