Posts Tagged taxes

Making Hay While the Sun Shines! (or the making of an investment)

July5
Sam Cooke "Chain Gang" I have a new duplex project and my partner and I have been planning, preparing and putting in some hours.  This is not nearly the scope of a remodeling project as our last two duplexes; where we had to refinish hardwoods, gut kitchens, add insulation, replace sinks, extensive prep/painting & more.  All the same, it takes a bit of imagination, time & energy.  This new investment is a substantial 1940's side-by-side duplex in another superb neighborhood that has been basically maintained, occasionally upgraded and obviously loved!!  The hardwoods on both l… Read More

Any Downsides to Paying Cash for Real Estate?

June28
Lady GaGa "Money Honey" You hear the term "Cash is King" thrown around these days.  Having a certain amount of liquidity with your savings, mutual funds, money markets, etc is one example.  Paying cash for real estate is another case in point.  Sometimes a cash offer will most certainly prevail in a real estate situation with multiple offers.  The sellers don't have to worry about stumbling blocks such as low appraisals or last minute credit glitches with the borrowers' loan or the appraiser insisting on repairs after the property inspection has already been negotiated.  These are r… Read More

April 2011 Portland Metro Real Estate Update!!

April23
"Spring Awakening Video Medley" APRIL 2011 PORTLAND METRO REAL ESTATE UPDATE!! And, so we hobble into Springtime in the greater Portland area, knowing full-well that we will quickly forget how tentative our Spring season is here in Portlandia once our awesome Summertime arrives (or at least that’s how I survive)!!  So, how is our real estate market surviving?  Well, I guess we’ll have to pull out that word “tentative” again.  However, we are experiencing continued activity with well-priced properties.  I was just involved in two multiple offer/over asking price situations o… Read More

Money for Movin’ On!!!

April10
  Moving On - Taio Cruz For those who moved in 2010, you may find tax deductions to write-off some of those hefty moving expenses. You can write off relocation costs on your taxes, as long as the move is work-related, according to the IRS. Some IRS-approved deductions for moving include the costs to move household goods and personal property, limited storage and insurance fees, and utility connection or disconnection charges. The IRS also allows for some deductions with lodging and travel expenses near your new and former homes, as well as shipping costs for your car and even the travel a… Read More
View Older PostsView Newer Posts