Archive for the 'Tips' Category

ACORN Helps Homeowners Maintain Home Ownership

The Association of Community Organizations for Reform Now (ACORN) reports that Washington state has the 18th highest foreclosure rate in the country.
Foreclosures on subprime mortgages are at an all-time high. A situation fueled by adjustable rate mortgages sold in recent years. Rates are now adjusting, or recasting, and loan payments are increasing 10% to 50% [...]

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Got Green?

The RE Store was founded in 1993 by the non-profit organization RE Sources for Sustainable Communities to address the growing problem of wasteful disposal of useable building materials, most of which were buried in the local landfill. The RE Store provides an alternative to dumping those materials.
In addition to giving old materials new life, The [...]

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Go Explore - Farmers’ Markets

WOW the goodies you can find at your local Farmers Markets!
My husband Henrik and I like to meet the farmers, learn about their farms, and hear their recipes and ideas. The atmosphere outdoors is fun and the produce changes with the seasons.
We especially like to buy fresh, organic vegetables and cheeses. Last Sunday he spotted [...]

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24 Ways 2 Prep 4 Sale

In marketing investment real estate, putting some “pizzazz” into the sale is important because purchasers weigh emotional and eye appeal as well as financial considerations in making a buying decision. Much of this is common sense, but common sense is not that common. Always, always remind yourself that most people are doing nothing. Following the [...]

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IRS: Rental Income & Expenses

You generally must include in your gross income all amounts you receive as rent. Rental income is any payment you receive for the use or occupation of property.
Expenses of renting property can be deducted from your gross rental income. You generally deduct your rental expenses in the year you pay them. Publication 527, Residential Rental [...]

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Rental Property Owners

POOR WILBUR
Nardo was a great real estate agent. He made a great living with less than ten clients. Nardo’s specialty was finding opportunities. I was one of his clients and so was a local school bus driver by the name of Wilbur. When a new deal would come along, Nardo would call me with, “Listen, [...]

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IRS Tax Tip 2006-54

If you sold your main home, you may be able to exclude up to $250,000 of gain ($500,000 for married taxpayers filing jointly) from your federal tax return. This exclusion is allowed each time that you sell your main home, but generally no more frequently than once every two years.
To qualify for this exclusion of [...]

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First-time Buyers

Buying a home can be scary. Not only is a home the only investment lots of people will have but it’s usually the most valuable investment most people have. A home is usually the most important tangible item in a person’s life. It’s where we’re often born, grow up and form identities, have birthdays, get [...]

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No Return Odor & Stain Remover by Oreck

“Pet stains and odors disappear while you spray. No Return® Pet Odor and Stain Remover eradicates stains right before your eyes. It penetrates the stain and odor source to dissolve it completely. No Return® is actually two products in one and specially designed for pet problems. Its special blend of cleaning agents and enzymes removes [...]

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Blunder & Brilliance

BLUNDER
During an inspection for my brother and his wife this little mishap occurred. The inspector was testing some plumbing and we didn’t know that water was pouring into the kitchen from a hose poking out of the wall that was shared with a half bath on the other side. It took the four of us [...]

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