There is a growing number of senior homeowners applying for a reverse mortgage – a special type of mortgage for persons over age 62 that uses their home equity to generate an added income. The number of reverse mortgage borrowers will soon grow dramatically, that is if the proposed American Homeownership Act of 2007 is [...]
Entries Categorized as 'Taxes'
Reverse Mortgage Rules Changing
August 12, 2007
New Study Shows Cities Reap Fiscal Rewards From Housing
July 26, 2007
The fiscal benefits from new home construction generate solid revenue streams for state and local municipalities, according to a study by the California Homebuilding Foundation (formerly the California Building Industry Foundation).
"The Housing Bottom Line: Fiscal Impact of New Home Construction on California Governments," challenges frequent claims that new home construction costs state and local governments [...]
Steps To A Richer Retirement #9 of 10
June 27, 2007
Make The Most Of Your IRA and 401(k). In 2007, the amount you can squirrel away each year into an IRA and 401(k) is $4,000 and $15,5000, respectively. If you’re age 50 or over, you can put away and extra $1,000 into your IRA and $5,000 into your 401(k).
Buy real estate, now.
To help with your [...]
Steps To A Richer Retirement #8 of 10
June 26, 2007
Determine Whether To Postpone Your First IRA Distribution. You can hold-off taking the first required distribution from your IRA but you’ll have to take tow withdrawls in the following year. This can bump you into a higher tax bracket.
Buy real estate, now.
To help with your real estate purchase or sale – contact Gary and The [...]
Steps To A Richer Retirement #6 of 10
June 24, 2007
Get a Better Deal When You Buy Municipal Bonds. Find the latest prices and yields at www.InvestingInBonds.com to make sure you’re getting a good deal
Buy real estate, now.
To help with your real estate purchase or sale – contact Gary and The Team of Experts 619. 297.7001, today.
Please contact your financial advisor regarding your particular financial [...]
Steps To A Richer Retirement #5 of 10
June 23, 2007
Get Unbiased Help From A financial Planner. Pick a financial planner who doesn’t accept commissions from the products he/she sells.
Buy real estate, now.
To help with your real estate purchase or sale – contact Gary and The Team of Experts 619. 297.7001, today.
Please contact your financial advisor regarding your particular financial situation.
Steps To A Richer Retirement #4 of 10
June 22, 2007
Find A Good Parking Place For Your Cash. Check-out various banks and savings institutions for the highest yields on money market, CD’s and savings accounts.
Buy real estate, now.
To help with your real estate purchase or sale – contact Gary and The Team of Experts 619. 297.7001, today.
Please contact your financial advisor regarding your particular financial [...]
Steps To A Richer Retirement #2 of 10
June 20, 2007
Build A Bond Ladder For Steady Income. This time-tested strategy helps smooth your income regardless of what happens to interest rates.
Buy real estate, now.
To help with your real estate purchase or sale – contact Gary and The Team of Experts 619. 297.7001, today.
Please contact your financial advisor regarding your particular financial situation.
Top Tax Breaks On Owning Property #7
June 10, 2007
There’s no place like home to find shelter. Home ownership offers a score of tax deductions and credits designed to help offset the cost of housing and to keep the housing market fueled with new buyers. Here’s a look at the Top Tax Breaks.
Selling Costs and Capital Improvements: When you sell your home, you can [...]
Top Tax Breaks On Owning Property #6
June 9, 2007
There’s no place like home to find shelter. Home ownership offers a score of tax deductions and credits designed to help offset the cost of housing and to keep the housing market fueled with new buyers. Here’s a look at the Top Tax Breaks.
Home-based Business Deduction: Home offices that use a portion of your home [...]
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