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 [...]
Americans today continue to be disciplined with their spending habits. Saving money continues to be one of consumers’ top financial goals, but many have taken on more risk than they would prefer in order to play catch-up and pay off debt, according to a recent study from Northwestern Mutual. The 2013 Planning and Progress Study, [...]
Ilyce Glink Show on WSB Radio: Giving real estate and personal finance advice. From investing in real estate to finding a good mortgage broker or lender to choosing a real estate listing agent and your every day decisions on money, you can rely on Ilyce to give you the best advice on real estate and [...]
Buying a house after retirement can be a good or bad idea. Deciding if it's better to rent or buy a house after retirement requires careful planning. Q: I am a 66-year old single female. I currently rent a home for $875 per month (low for this area because I have been in this location [...]
Ilyce Glink Show on WSB Radio: Giving real estate and personal finance advice. From refinancing your mortgage to home closing tips to investing in foreclosures and your every day decisions on money, you can rely on Ilyce to give you the best advice on real estate and personal finance. Whether you’re thinking about buying a [...]
If you want to buy a building, then you should check out these five ways to successfully invest in real estate. Home buyers and real estate investors have been in a good mood for years, since around 2007, when the housing crisis began. And why not? Historic low interest rates combined with home values that [...]
Learning about real estate can be a long but rewarding process. Talk to a real estate agent about getting started in the real estate business. Q: What are some ways that an 18-year old individual can get started in real estate as a business? I want to learn everything I need to know about buying, [...]
Finding the right home to buy can be a difficult task. Ilyce Glink talks about buying the right home in today's Real Estate Minute. Just like dating, you’re going to find a home that you’ll fall in love with. But watch out, because when it comes to a house, you don’t want to get too [...]
If you're buying a condo while in school or want to know if you should buy a condo now, be sure to do your homework. Q: My son is a graduate student and working for a retailer while in school. He wants to buy a high-rise condominium in Atlanta, Georgia. He’s going crazy with [...]
Converting a condo building to apartments or a hotel requires getting a majority ownership of the condo building. Q: I've been a loyal listener to your radio show since 2006. I also purchased your book "Buy Close, Move-In." I am looking to buy a building that was formally a hotel (converted into condominiums quite some [...]
