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Winterize your home
Hard to believe it's that time again! Fall is here, and you need to start getting your home ready for the winter months to come. To help get you started, here's a checklist of some of the projects that you need to consider:
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Retirement requires smart tax move
DEAR BENNY: My aunt is 76 years old and lives in her home. She also owns a detached rental property nearby. Her primary residence has been the same property for more than 10 years. She would like to move into a retirement community this year, but to afford this new lifestyle she would have to sell one of her properties soon. Would it be more cost-effective from a tax perspective to sell her primary residence or her rental property? Are there any tax benefits to selling rental property vs. one's primary residence?
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Buyers: Price reduction not always a red flag
Several years ago, a home listed for sale developed a stigma if it didn't sell within a month or two. Today, many sellers have homes listed that have been on the market for six months or longer. In fact, it's so commonplace for it to take a significant time to sell a house that it is no longer a disgrace if a listing doesn't sell right away.
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Cynthia Hash
Keller Williams Realty
1885 Seminole Trail, Suite 100, 2nd Floor
Charlottesville,
VA
22901
434.531.5351
801.681.0286
Contact Me
Visit My Web Site
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