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Selling Your Investment Property?

Prairie Eco-Thrifter

Before you start spending your profits, take a breath and then sit down and think through what your net gain or loss might actually be – after taxes and all selling expenses. Some of the costs you may encounter in a real estate transaction can be quite expensive. Real Estate agent commission : Negotiable!

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How is Your Vacation Rental Doing?

Prairie Eco-Thrifter

It seemed reasonable to devote a greater portion to real estate, in order to further diversify our portfolio. We paid around $200,000 in 2007 for the property with an extra amount for furnishings and a slip in a yet-to-be-built boat dock. If we hadn’t generated that gain, our taxes would have been lower.

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Carnival of Financial Planning – Money Management Edition #236 – May 11, 2012

Prairie Eco-Thrifter

PFP presents Investment Tax Management posted at Pasadena Financial Planner , saying, ” As you move your cash, bond, and stock financial assets into lower cost, more broadly diversified investment mutual funds and/or ETFs, you should also consider how to “locate” your investment asset allocation with respect to more optimal taxation.”

Money 113
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Rent vs Buy Calculator: Should I Rent or Buy?

Savings Corner

Buy Calculator considers one-time costs — closing costs and the down payment — and ongoing expenses, like property taxes, an HOA fee, home insurance, and private mortgage insurance, or PMI, which you pay if your down payment is less than 20% on a conventional mortgage. You can adjust all of those pre-filled areas. Location counts.

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Needs vs. Wants

Prairie Eco-Thrifter

In 1950, according to MSN Real Estate , the average home size was 983 square feet. Yes more folks work from home these days and the tax laws encourage setting aside a space to dedicate to a home office. But most people didn’t carry a balance – at least the folks I knew. More than a 1000 sq foot home. Home offices.

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