The Philadelphia Caller
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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.
PHILADELPHIA - If you're looking to invest in real estate, you may wonder whether turnkey properties are right for you. Read on to learn more about the advantages of turnkey property and the costs. You can also learn how to compare turnkey versus do-it-yourself properties.
PHILADELPHIA - There are many ways to make your home more valuable. Here are some examples: Energy efficient upgrades, functional upgrades in the kitchen and bathroom, Replacing old flooring, and adding an outdoor living area. All these home improvements will increase the value of your home. You can also consider making your home more comfortable with modern amenities.
NEW YORK - According to industry experts, the New York Real Estate Market will likely experience a strong recovery during 2022. However, the recovery will be slow, and the economy will need time to recover. Although COVID-19 policies have opened up different economic sectors at varying speeds, New York is still facing a long recovery. The housing market will be very active, with the home-buying season fast approaching.
TEXAS - The Austin real estate market is in the middle of a shift. While the housing market in Austin is still a seller's market, the trend is changing. More would-be buyers are now renting, thanks to a cooling down market. Next year, the market will shift from a seller's to a buyer's market.
PHILADELPHIA - A recent study from Remodeling Magazine has found that the national average cost of a minor kitchen renovation is $13,468. This includes materials, labor, and lighting and plumbing fixtures. A kitchen remodel is a big project, so be sure to budget for it accordingly. In addition, there are some trends you may want to avoid. Read on to learn about the kitchen trends of 2023 and how to keep your renovation costs under control.
