by Patricia Roos | Jul 23, 2024 | Uncategorized
Are you one of the many would-be homebuyers holding off on purchasing a home, hoping for a favorable shift in the market? With insurance, property taxes, and maintenance costs on the rise, it’s understandable why some are hesitant to take the plunge. However,...
by Patricia Roos | Jul 16, 2024 | Uncategorized
The familiarity and trust established in a friendship may be the ideal foundation for a successful business relationship. Having a loyal ally from their social circle adds a new level of insight and service to such an important financial decision in their lives. When...
by Patricia Roos | Jul 2, 2024 | Uncategorized
Upcoming changes in real estate transactions are imminent following the resolution of significant class action lawsuits involving sellers and the National Association of REALTORS� along with numerous leading real estate firms nationwide. These changes will have...
by Patricia Roos | Jun 25, 2024 | Uncategorized
The tax benefits of owning both a first and second home can be significant, with the IRS allowing taxpayers to deduct interest and property taxes on both properties as itemized deductions on their tax returns, albeit with certain limitations. Interest deductions are...
by Patricia Roos | Jun 18, 2024 | Uncategorized
The gain on the sale of your home is determined by the price you sell the home, less selling expenses, less the price you paid for it, plus the capital improvements made during the time you owned the property. IRS and accounting use the term "basis" to...
by Patricia Roos | Jun 11, 2024 | Uncategorized
Owning a home has long been considered a fundamental part of the American dream. It represents far more than just having a place to live�it embodies values, aspirations, and a sense of security. Here’s why homeownership is widely regarded as a key component of...