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Divito RE State governments can benefit greatly from an influx of movers – enjoying everything from increased tax revenues to new business activity. Florida raking in billions Recently, changes to the U.S. tax code have encouraged an increasing number of people to move – taking their cash to lower-tax states like Florida. As it turns out, however, … Read more
How to Rent Out Your Property? This is the story of two investors—one named “Jerry” (to protect the innocent) and one named Sarah (because that’s her real name). Let’s make sure your rental experience is a lot like Sarah’s and not as much like Jerry’s. Both rented out their homes when they moved on to … Read more
Do you want to take advantage of all the tax savings that are available to real estate investors under the new tax reform? As a tax advisor by day and real estate investor by night, I’m here to share eight tax strategies you must know for 2019. Tax Tip #1: Overlooked Deductions As real estate … Read more
Purchasing an investment property can be a scary endeavor for many first-time buyers, fraught with many “what ifs.” Want more articles like this? Sign up for free What if I overpay? What if I buy at the peak of the market? What if the property is a money pit? What if I can’t find a … Read more
Michael Jordan’s first golf course is moving forward — and now we can see the progress. An aerial view of the 226-acre site in South Florida was snapped last winter by the local Property Appraiser’s Office. Here’s the shot: You can clearly see a road that leads to a clubhouse, plus the shapes of the … Read more
In many markets across the country, the number of buyers searching for their dream homes greatly outnumbers the amount of homes for sale. This has led to a competitive marketplace where buyers often need to stand out. One way to show you are serious about buying your dream home is to get a pre-approval for a mortgage … Read more
There are many potential homebuyers, and even sellers, who believe that they need at least a 20% down payment in order to buy a home or move on to their next home. Time after time, we have dispelled this myth by showing that many loan programs allow you to put down as little as 3% … Read more
So you thought you were in the homestretch because you accepted a great bid on your home? Think again! The closing process has only just begun—and for most sellers, the appraisal can be one of the scariest parts. For starters, lenders often require the use of their own, FHA-approved appraiser. That means you get zero say in who’s … Read more
Recently released data from the National Center for Health Statistics revealed that 1.3 million Millennial women gave birth for the first time in 2015. There are now over 16 million women in this generation who have become mothers. “All told, Millennial women (those born between 1981 to 1997) accounted for about eight in ten (82%) of U.S. … Read more
Here are the tax tips you need to get a jump on your returns. By DONA DEZUBE If you’re eligible, take advantage of these home ownership-related tax deductions and strategies to lower your tax bill: Mortgage Interest Deduction To claim the mortgage interest deduction, you must itemize using Schedule A, and your mortgage must be secured by your primary … Read more
