Rent of Buy – You Pay for the House You Occupy
Posted by Jennie Temple on Jan 23, 2017 in Blog | 0 comments
Rent or Buy – You Pay for the House You Occupy The ironic thing about people who think they can’t afford to buy a home for themselves, end up buying the home for their landlord. There are several facts that support this notion. Mortgages, whether held by an owner-occupant or an investor, are usually...
Time May Be Running Out!
Posted by Jennie Temple on Jan 9, 2016 in Blog | 0 comments
Time May Be Running Out During the Great Recession, some homeowners elected to rent their home rather than sell it for less than it was worth. IRS tax code allows for a temporary rental of a principal residence without losing the exclusion of capital gain based on some specific time limits. During the five year period...
