Apr 9, 2012

I look through listings daily and I usually run into a few that catch my eye. Here is a list of some of the town homes, inside The Loop, that I think are cool.           We're sorry, but we couldn't find MLS # 76409695 in our database. This property may be a new listing or possibly taken off the market. Please check back again. Search...

Jan 4, 2011

It’s a common misperception that the mortgage interest deduction benefits primarily the wealthy, as argued in the Washington Post’s January 1 editorial, “Trim the Excessive Tax Subsidy for Real Estate.” In fact, the MID actually benefits primarily middle- and lower income families. Sixty five percent of families who claim the MID earn less than $100,000...

When you sell a stock, you owe taxes on your gain — the difference between what you paid for the stock and what you sold it for. The same holds true when selling a home (or a second home), but there are some special considerations. How to Calculate Gain In real estate, capital gains are based not on what you paid for the home, but on its adjusted cost basis....

A section 1031 tax deferral allows an investor to sell a property, then reinvest the proceeds in a new property and defer all capital gain taxes. Specific conditions for the exchange state that it must be of like-kind and must take place within 45 days of the close of the sale. To understand more about how this exchange works, consider the following example: If...

Many home owners in the state do not yet know about the proposed real estate transfer tax. The 81st Texas Legislature has circulated several bills that will impose a tax on the transfer of real estate. Most involved in real estate know that this is not a good idea. Property owners in this state already pay a consider amount in property taxes. There are...