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Selling Your Investment Property?

Prairie Eco-Thrifter

Some of the costs you may encounter in a real estate transaction can be quite expensive. Real Estate agent commission : Negotiable! In addition they paid the real estate commission of 12,639 (6% – which was split 50-50 between two different realtors) as well as a first and second mortgage.

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The Cost of Doing Nothing

Prairie Eco-Thrifter

If you neglect routine maintenance on your assets (real estate, belongings, etc) they may end up damaged, worth less or gone. If you neglect to keep accurate records on your tax returns and you get audited by a frowning Uncle Sam, you may have to pay huge penalties for back taxes. What can happen if you don’t take action?

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Create a Personal Escrow Account for Your Quarterly & Yearly Bills

Family Balance Sheet

Our home-owner’s insurance, auto insurance, and local real-estate taxes (for our home and our business property) are due, and on top of that, we also owed the Federal government this year. It was a very painful day and I might have shed a tear, especially as I wrote that check to Uncle Sam.

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