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The ABCs of FIRPTA

by admin on Jan 26th, 2016 · Comments Off

COMMERCIAL OBSERVER The ABCs of FIRPTA BY LAUREN ELKIES SCHRAM JAN. 20, 2016, 11:15 A.M. We all know that foreigners have been snapping up real estate in the United States for a while, but are they taxed the same way? Since the introduction of the Foreign Investment in Real Property Tax Act, called FIRPTA, in 1980, Congress has had a way to tax foreigners ...

Love It and Lease It: Rent-to-Own Luxury Homes

by admin on Sep 11th, 2015 · Comments Off

By: Anya Martin September 9, 2015 Signing a lease option helps jumbo-mortgage borrowers save for a higher down payment, get their credit history in order and lock in on their dream-home purchase Illustration: Chris Gash A rent-to-own luxury home may help potential homeowners buy some time before it’s buying time. For potential jumbo-mortgage borrowers, ...

ASK AN EXPERT: HOW MUCH CHEAPER IS AN APARTMENT IN A LANDLEASE BUILDING?

by admin on Dec 2nd, 2013 · Comments Off

by Teri Karush Rogers Q. If you have two identical apartments–one in a building that has a landlease, and one in a building that owns the land it sits on–how much less is the landlease apartment worth? A. Expect to pay a little to a whole lot less, but be prepared for higher monthly costs, say our experts. First, quick definition ...

Home Shoppers Kicking the Tires, But Delaying Deals

by admin on Oct 16th, 2013 · Comments Off

BY: CONOR DOUGHERTY Potential home buyers continue to look at properties for sale but are submitting far fewer offers, the latest sign that real estate activity has cooled from the white hot pace seen during spring and summer, according to recent reports. The problem is that people are just confused. Clients are concerned about fluctuating mortgage ...

4 Things to Know About Fall Home Buying

by admin on Oct 11th, 2013 · Comments Off

By Margarette Burnette Leaves are turning colors, there’s a chill in the air, and autumn is upon us. It’s time for the seasons to change, and if you are a homebuyer, many real estate experts say it is also time to change your home-buying strategies. Here’s a look at some of the benefits of fall buying, and ways to minimize the drawbacks. 1. ...

Tips For Buying A House

by admin on Oct 11th, 2013 · Comments Off

The top 10 things you need to know when buying a home. BY: CNN MONEY 101 1. Don’t buy if you can’t stay put. 2. Start by shoring up your credit. 3. Aim for a home you can really afford. 4. If you can’t put down the usual 20 percent, you may still qualify for a loan. 5. Buy in a district with good schools. 6. Get professional help. 7. ...

Real Estate Overtakes Commodities as Top Sovereign Asset

by admin on May 17th, 2013 · No Comments

By: Klaus Wille Real estate topped the list of sovereign wealth funds’ investments last year, overtaking commodities and financial services, according to Institutional Investor’s Sovereign Wealth Center. Properties made up 26 percent of investments by these funds last year, up from 14 percent in 2011, according to the center’s report on investment ...

10 things to consider before buying a brownstone

by admin on May 2nd, 2013 · No Comments

By Leonora Desar We’ve already touched on some of the considerations when buying an apartment in a brownstone — issues such as noise (since brownstones often weren’t intended to be divided the way they are); chimney, fireplace and overall structural problems; and the general upkeep required. If fractional living isn’t your ...

Rental Investment May Seem Safer Than It Really Is

by admin on Apr 1st, 2013 · No Comments

By TARA SIEGEL BERNARD Investing in a tangible asset like real estate may seem to offer a greater sense of control. You can walk through a house, after all, which somehow feels safer than subjecting your savings to the whims of the stock market… THE TAX IMPLICATIONS Rental income is taxed at ordinary income rates, but experts say you can often ...

Investors Buying Up All Of The North Hollywood Real Estate

by admin on Aug 9th, 2012 · No Comments

PRWeb Everyday thousands of offers are being made on great investment properties. Red Blue Realty tells you why. North Hollywood, CA (PRWEB) August 08, 2012 Recent findings show that a new investment trend has started due to the increased rental income investors are receiving on their properties. From small-time mom and pop landlords to mega-investment ...

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