30 Year Mortgage Rates at Record Low

The most popular loan among home buyers has hit an all time low, resulting in increased refinancing activity. With such low rates, the possible savings are increased! Read more

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1. 2010 Cooperatives Rental Property Tax Tips for Landlords, Real Estate Investors If you live in a cooperative, you do not own your apartment. Instead, a corporation owns the apartments and you are a tenant-stockholder in the cooperative housing corporation. If you rent your apartment to others, you usually can deduct, as a rental expense, all the maintenance fees you pay to the cooperative housing corporation. In addition [...]......
2. 2010 Condo Rental Property Tax Deduction Tips for Landlords, Real Estate Investors A condominium is most often a dwelling unit in a multi-unit building, but can also take other forms, such as a townhouse or garden apartment. If you own a condominium, you also own a share of the common elements, such as land, lobbies, elevators, and service areas. You and the other condominium owners may pay dues [...]......
3. Foreclosure, REO Investors suing over HOA, Collection Fees Fur is flying in Las Vegas as foreclosure, REO investors fight homeowner associations for gouging them. Investment groups joined together to file a class action suit which claims that they are being overcharged by hundreds of HOAs and collection agencies for assessments, fines, interest and collection amounts accumulated during foreclosure process. That past-due amounts are capped [...]......
4. 5 Year End 2009 Tax Saving Strategies for Property Managers, Property Management Companies and Landlords Landlords, Property Managers and Property Management Companies can save on 2009 taxes by taking action before the end of the year. As always you should always consult with your accountant or tax consultant on how these tax strategies apply to your personal situation. Also the tax tail should never wag the business dog. So take [...]......
5. US Census says Shift to Renting – Is it an opportunity to invest in residential real estate? In any times, bad news for some can be good news for others. Since 2006 when households started losing their homes to foreclosures, there has been a shift to renting from owning. US census released the 2008 American Community Survey (ACS) results, which highlights this new trend. This shift is leading to more crowded living conditions [...]......

This entry was posted on Monday, May 18th, 2009 at 12:21 pm and is filed under Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed.