WASHINGTON, DC - This article will look at current trends in real estate in Washington, DC. We'll see that rents are outpacing home value appreciation, Downtown condo sales are on the rise, and the Office and Retail property sectors are recovering.
WASHINGTON, DC - This article will look at current trends in real estate in Washington, DC. We'll see that rents are outpacing home value appreciation, Downtown condo sales are on the rise, and the Office and Retail property sectors are recovering.
MAINE - Maine real estate has experienced an upswing in value over the past several years, but is this real estate boom good for Mainers? Many factors may contribute to this upswing, including rising gas prices, increased interest rates, and the growing work-from-home trend.
BOSTON - In Boston, the rental property market is thriving. Rental properties dominate the city's housing market. Airbnb, for instance, is one of the best ways to start renting a property. For the first time, you should consider Airbnb if you want to avoid the hassles of renting out a property.
PHILADELPHIA - Bonus depreciation is a deduction you can take for a business asset, but the rules have changed. Since the Tax Cuts and Jobs Act passed, bonus depreciation has been available for both new and used property. Additionally, you can claim bonus depreciation for any year your business is profitable, not just the year you purchased the property.
PHILADELPHIA - An investor-friendly real estate agent who is knowledgeable about investing. Often, these agents have connections with other investors and other professionals in the real estate industry. A great real estate agent can help you connect with them and help you find deals that will benefit you.
PHILADELPHIA - Understanding the new rules regarding depreciation recapture is important if you own rental properties. You should keep detailed records of all property expenses, including mortgage interest and repairs, and talk to a tax advisor to determine if depreciation recapture is right for you. You can also consider the cost segregation study and the new proposed rules.