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How to determine whether to sell money-losing rental property | Latest News

How to determine whether to sell money-losing rental property

What should be done with my two rental properties that no one seems to want to rent? We’ve had previous tenants and evictions. I’m ready to sell the properties and cut our losses, but my husband doesn’t want to sell at a loss even though the property ... read more

Six tips to help you decide whether to rent or buy

consider this rent-vs-buy calculator at The New York Times. This tool can help you determine the true cost of your home, so you can decide whether it’s worth it to make a move. Sites like Redfin and Zillow might give you an idea of how many homes are ... read more

No fixed address: New tool to help make toughest financial decision — rent or buy?

Try CBC Toronto's calculator at the bottom of this article to help determine whether ... home insurance, property tax, condo fees. She found that he'd be spending more each month to buy a $300,000 condo, compared to his $1,200 monthly rent. read more

Buying A Foreclosed Home: The Basics of Buying a Foreclosure

Foreclosed homes are generally 1-4 unit residential properties that have been repossessed by a lender because of nonpayment by the previous owner. The lending institution forecloses on the home and then tries to sell ... whether they plan to rent the ... read more

10 Tips for Homebuyers and Sellers This Spring

Understanding whether you are in a buyer’s or a seller’s ... Many cities have a magic window in the spring when homes have a higher likelihood of selling quickly for more money. Work with an agent from the start. The vast majority (90 percent ... read more

4 Real Estate Investment Strategies

You can rent your ... in question, to determine whether or not you are buying a property at a deep discount. Next, you must be familiar with home repair, so you can estimate the costs required to bring the property into prime selling condition. read more

OU SGA questions legality of Norman zoning ordinance

OU’s Student Government Association wants to determine whether a Norman ordinance that allows no more ... The federal Fair Housing Act states that no one can refuse to rent or sell housing to someone based on familial status. “We have found some ... read more

These 9 Tax Breaks Can Help Make Homeownership More Affordable

you can deduct the property taxes you paid for the year. Simply include this on IRS Form 1040. Bear in mind this applies solely to properties for personal use, not rental or business properties. Want to know whether it's worth it to claim this deduction ... read more

Foreign resident capital gains withholding and insolvency arena

Determine whether the FRCGW applies to your asset disposal ... Consider the situation were a mortgagee has taken possession of a passive rental property which is managed by an external real estate agent. In that situation, whilst the mortgagee’s agent ... read more

The Tax Advantages of Taking a HELOC

While these tax concessions are available for HELOCs taken out against first homes, the situation with HELOCs on second homes is more complex. For example, if you rent out the second ... out part of their property. Whether the tenant uses the rented ... read more
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