by Alicia Persson | Nov 10, 2023 | Builder Resources, Real Estate Taxes
The Best Builder Tax Deductions and Credits With the expert contribution of Adam Steinheiser, the Director of Accounting at Marketplace Homes Construction businesses can write off a lot of business use expenses. When you work with a tax professional, you can get the...
by Alicia Persson | Oct 9, 2023 | Real Estate Finance
Can I use an SBA loan to buy an investment property? Investors seeking to grow their portfolios look to various loan programs, such as hard money loans, a home equity line of credit, an investment line of credit, and more. Many also often wonder if they can use an SBA...
by Serena Yan | Sep 6, 2023 | Buying Homes, Real Estate Education, Real Estate Finance
When the real estate market cycles into a competitive seller’s market, many homebuyers must deal with something called an “appraisal gap.” What is it and how can you make the best moves during the home buying process? What is an appraisal gap? An appraisal gap is the...
by Alicia Persson | Aug 29, 2023 | Home Living, Real Estate Finance, Selling Homes
To fix or not to fix, that is the question every homeowner has when it’s time to sell their home. Investors also want to know what renovations and upgrades are worth their while if they plan to buy and hold real estate. You want to offer a property that has excellent...
by Alicia Persson | Jul 17, 2023 | Real Estate Taxes
New Tax Breaks For 2024 Home Upgrades Homeownership has a lot of perks including building equity and snagging some of the best homeowner tax credits and deductions. In 2024, the federal government created even more tax deductions for homeowners through the Inflation...
by Alicia Persson | May 9, 2023 | Real Estate Finance
Virginia Down Payment Assistance Programs If you live in the Commonwealth of Virginia, you can potentially receive grants to pay for closing costs and down payments for a home loan. The Virginia Housing Development Authority, established in 1972, raises money in...
by Alicia Persson | May 3, 2023 | Real Estate Finance
Down Payment Help in Maryland Every state has unique programs that can help homebuyers access funds to buy a home. Instead of reinventing the wheel, The Mortgage Reports made a comprehensive list of homebuying assistance and grant programs for all 50 states. When it...
by Alicia Persson | May 3, 2023 | Buying Homes, Real Estate Education, Real Estate Finance
Down Payment Help in Michigan Every state has unique programs that can help homebuyers access funds to buy a home. Instead of reinventing the wheel, The Mortgage Reports made a comprehensive list of homebuying assistance and grant programs for all 50 states. When it...
by Alicia Persson | Apr 28, 2023 | Real Estate Finance
What’s a Credit Score, and Why Is It Important? A credit score is a number that rates your creditworthiness. Credit bureaus calculate this score to determine a borrower’s ability to repay a loan or credit card. Lenders rely on credit scores to assess...
by Alicia Persson | Apr 24, 2023 | New Construction Homes, Real Estate Finance
Would you like to purchase a home in the future but don’t think you have enough income to qualify for a loan? You’re not alone. Many people, especially first-time buyers, ask themselves this same question. Affordability is a common concern in 2024, as both...
by Alicia Persson | Mar 8, 2023 | Real Estate Taxes
Is buying real estate a tax shelter? New investors and homebuyers often wonder what kind of tax incentives come with owning property. The good answer is that you can absolutely reap tax breaks from owning real estate, and these tax breaks are sometimes called...
by Alicia Persson | Mar 8, 2023 | Real Estate Taxes
Tax Tips for Real Estate Agents filing for 2023 As a real estate agent, you work as a self-employed individual. Instead of a W-2, you receive a 1099 from a brokerage that doesn’t figure in any federal or state income taxes. Though estimating your taxes and...