Real estate issues from A to Z
Why would you not depreciate a rental property? If your total rental expenses exceed your rental income, the annual depreciation of your home does nothing to reduce your taxes. This creates a scenario where it seems to make sense to skip depreciation, so that you have a higher tax basis for the future sale of …
What is considered a good dividend yield? A good dividend yield will vary with interest rates and general market conditions, but typically a yield of 4 to 6 percent is considered quite good. A lower yield may not be enough justification for investors to buy a stock just for the dividend income. What is the …
Why you shouldn’t buy a manufactured home? Disadvantages of Buying a Mobile Home. A disadvantage of buying a mobile home is that its value will depreciate quickly. … On the other hand, stick-built homes are considered part of the real property. A related disadvantage is that mobile homes, because they are personal property, are usually …
How many houses can you buy with a VA loan? As long as you’re still eligible for a VA loan and are able to qualify with a lender, there’s no limit to how many of these mortgages you can take out over the course of your life. In fact, it’s even possible to have more …
How quickly can you get approved for a VA loan? The VA loan process typically takes 30 to 45 days once you’re under contract on a home, although every buyer’s situation is different. Applying for a VA loan doesn’t obligate you in any way to a particular lender or to moving forward with the homebuying …
Is a real estate agent a salesperson? A sales representative is an employee of the real estate agent. The sales representative can only conduct a transaction on behalf of the real estate agent. A real estate agent holds a higher level of qualification, normally a Diploma, and holds a Triennial Certificate that enables them to …