There is certainly no shortage of retirement planning strategies available to individuals who actually take the time to consider them. What most financial experts do agree on is that the closer you are to retirement, the less time you have to recover from a loss. For that reason, many people start dialing down their risk factors as their age increases. One way to minimize risk is to invest in things...
October 2016
The down payment may be unnecessarily keeping would-be buyers from getting into a home. They may be unaware that the funds might be available somewhere other than just cash savings. The NAR Profile of Home Buyers and Sellers reports that 81% of first-time buyers got all or part of their down payment from savings. Other people used a gift from a relative. Less than 4% said that all or part of the down...
"Proper preparation prevents poor performance". It's a phrase that Oliver Overton-Morgan (Orlando property manager with Morgan Property solutions) heard in high school from his rugby coach and it stands true for everything in life. If you don't start with proper preparation and planning, then you can expect poor results. We can apply the same equation to real estate. There are some initial steps to take...
Special consideration is made by IRS for the sale of a jointly-owned principal residence after the death of a spouse. Surviving spouses may qualify to exclude up to $500,000 of gain (profit) instead of the normal $250,000 exclusion for single people if certain requirements are met. The sale needs to take place no more than two years after the date of death of the spouse. Surviving spouse must not have...
Orlando Property Manager, Oliver Overton-Morgan, discussing how investing in real estate is America's top choice for some very good reasons. Real estate is the overwhelming preferred choice of investment by Americans as identified in a recent survey. With the Dow Jones industrial average reaching record highs this year, it might be expected that the stock market would be the favored choice, but that...
