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Save Taxes: Negotiate A Reduction in Your Assessed Value

Prairie Eco-Thrifter

If you own real estate, you have been, or someday will be, confronted with a rise in your assessed property value. This usually leads to an increase in your real estate taxes! Increases in your assessed value can sometimes be negotiated downward, saving you tax money. Real estate market movement.

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7 Reasons to Lease Your Vacation Condo

Prairie Eco-Thrifter

After 7 years of renting it to vacationers on a nightly basis, and using it occasionally ourselves, I have decided to let a local company lease it on a yearly basis. It was a real hassle. Ours did and they were twice as high as the residential real estate taxes! We own a vacation condo lakefront in the Branson area.

Vacation 210
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Seven Retirement Lessons Learned

Prairie Eco-Thrifter

Our alternate income streams include an inherited IRA, real estate rental income and dividends/interest from investments. Now, however, I hear that the company will not consider re-hiring anyone laid off in the first round. We found that we could afford it (Happy, happy days!). Remember to include taxes as an expense.