Should I sell my investment property at a loss? If your rental property will continue to appreciate, hold onto the home. Q: We live in Illinois but own property in Las Vegas. We are considering selling the Las Vegas property since the Las Vegas market is moving right now. We’re looking for some professional advice. [...]
Ilyce Glink Show on WSB Radio: The jobs and unemployment rate for 2013 may be wrong, according to an economist who used to calculate the numbers. On this week’s Ilyce Glink Show on WSB Radio, Ilyce discussed how the unemployment rate could be inaccurate, according to an economist from a recent article by the Huffington Post. [...]
Last week the team at Think Glink launched a brand new store with over 15 exclusive real estate products. If you’ve dreamed about becoming successful in real estate, now’s your chance. This may be the best time ever to buy investment property. Interest rates are at historic lows, so financing a property is more affordable [...]
Before putting a rental property in an LLC to minimize taxes, be sure you can depreciate the building to reduce your tax liability. Q: I recently inherited a rental property. The property is rented and cash flow is positive, despite the fact that there is a mortgage on the property. Currently, I do not need [...]
If your home value has declined and you don't want to pay your mortgage anymore, try to sell your home in a short sale. Q: I am single and live in a home in Clayton County, Georgia. I’ve owned the home for 16 years and owe $115,000 on two mortgages. The neighborhood has really gone [...]
Getting your name off a mortgage after a divorce requires a properly drafted loan modification by the lender to release you from the loan. Q: My ex-spouse and I own two houses. The separation agreement spells out that I am to be taken off the title to those properties. The two house loans together total [...]
