The Real Estate Professional

It is an undeniable fact that there are several ways available around us that are enough to make us king or even beggar any time depending upon the situations. There are some options that can make wonders for one person, on the other hand can prove really fatal for the other. One such option that offers the immense opportunity to make good money is by buying liens.

 It is important to note that a person can become very rich by buying liens, but the homeowner on whom the tax liens is i read more »

Anytime you have a home or property you will pay real estate tax. Real estate tax is estimated based on your home value. For instance, if you purchase a home and the property is worth $10,000 but you pay $20,000 for the home, thus this additional balance is your equity.

In some areas, you pay taxes in the winter and spring months. Some cities charge city taxes and state taxes for property. In addition, the real estate tax estimate is based on the current market price also. Fo read more »

The American Dream is often paired with owning one’s own home.  For decades Legislator’s have protected that dream with allowing home owners to claim the mortgage interest paid on their homes as a tax deduction.  With a possible phase out of this deduction, could the dream fade?

“There are no cows more sacred in the tax code than the deductions for mortgage interest and property taxes. Together, they add up to at least the $ 75 billion annual subsidy for housing and Homeow read more »