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If you own a residential investment property, it's important to know how the IRS views repairs versus renovations. Repai...
09/10/2024

If you own a residential investment property, it's important to know how the IRS views repairs versus renovations. Repairs can be deducted right away, but renovations need to be depreciated over time. Understanding the difference could have a big impact on your taxes.

Owners of residential investment property often spend money on repairs or renovations. Here’s what you need to know about how the IRS treats these expenses.

(Call me ,435•229•9797, if you want FREE Assistance in fixing your credit to own a home) Taking the time to improve your...
09/09/2024

(Call me ,435•229•9797, if you want FREE Assistance in fixing your credit to own a home) Taking the time to improve your credit score can make a big difference when it comes to securing favorable mortgage terms. Whether you're working to build good credit or correct errors on your credit report, the earlier you start, the better. Here are some helpful tips on managing your credit before buying a home!

Fix your credit by making on-time payments and setting monthly reminders. Need help improving your credit score? Learn how here!

Good news for home buyers: mortgage rates have seen a recent decline, bringing a bit of relief to the market. Although t...
09/06/2024

Good news for home buyers: mortgage rates have seen a recent decline, bringing a bit of relief to the market. Although the Federal Reserve is cautious about making further rate cuts, this drop could make home buying more attainable.

As the Fed considers a rate cut next month, mortgage rates continue to trend downward.

Adjusting to homeownership can come with its own set of challenges. Learn how to improve your home's value, handle repai...
09/04/2024

Adjusting to homeownership can come with its own set of challenges. Learn how to improve your home's value, handle repairs, and navigate warranties. Get clear answers to these common concerns to make the most of your new home.

You’re happily settled in your first home but have come to realize how much you don’t know. Let’s answer some of the FAQ's from first-time homeowners.

If you're a new homeowner with just one bathroom, you might be wondering how to make it work for your family. With a bit...
08/29/2024

If you're a new homeowner with just one bathroom, you might be wondering how to make it work for your family. With a bit of planning and creativity, you can keep things running smoothly.

Many older apartments and homes have fewer bathrooms than modern houses. Here are some ideas to help your family live in harmony with just one bathroom.

Buying a home right now is a real challenge, but not every market is equally tough. Some areas give buyers a bit more br...
08/27/2024

Buying a home right now is a real challenge, but not every market is equally tough. Some areas give buyers a bit more breathing room, offering more options and a better chance to negotiate. Knowing where these friendlier markets are could make all the difference in your home search

Buying a home today is hard—at least in most markets of the U.S. But that difficulty varies, and certain places are actually downright easy.

Staying on top of your monthly bills doesn't have to be stressful. With a few simple strategies, you can take control an...
08/26/2024

Staying on top of your monthly bills doesn't have to be stressful. With a few simple strategies, you can take control and manage your finances more effectively.

Your monthly home bills may be due on different days. If you miss payments it may damage your credit score. Here are 5 tips for managing your monthly bills.

New home buyers, if your basement has a musty smell, it’s more than just a minor inconvenience. Understanding and addres...
08/22/2024

New home buyers, if your basement has a musty smell, it’s more than just a minor inconvenience. Understanding and addressing the root causes of these odors can make your basement more pleasant and functional. Discover effective methods to tackle the issue and improve your home environment.

The most likely source of musty odors in the home is mold and mildew. Here’s how to get rid of dankness in a damp basement.

New rules are now in effect, reshaping how homes are bought and sold across the country. Following a major settlement by...
08/20/2024

New rules are now in effect, reshaping how homes are bought and sold across the country. Following a major settlement by the National Association of Realtors, commission structures have been adjusted, potentially leading to more transparency and lower costs for buyers and a more flexible process for sellers.

The landscape is changing radically for Americans buying and selling property, as well as for real estate agents.

Positive news for the housing market! With inflation easing to its lowest point in three years, experts predict that the...
08/19/2024

Positive news for the housing market! With inflation easing to its lowest point in three years, experts predict that the Federal Reserve may soon cut interest rates, making home loans more accessible and affordable. This latest report signals a positive shift that could ease borrowing costs and bring more favorable conditions for homebuyers in the coming months.

Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest-rate cut in September.

In the aftermath of Hurricane Debby, many homeowners are dealing with storm damage. Here are some essential tips on asse...
08/16/2024

In the aftermath of Hurricane Debby, many homeowners are dealing with storm damage. Here are some essential tips on assessing damage, filing insurance claims, and finding reliable contractors to help you navigate repairs and recovery.

No one can forget the horrible pictures of flooding along the Texas Gulf Coast after Hurricane Harvey in 2017. Here’s how to weather a storm.

The total value of homes has surpassed $1 trillion in eight major U.S. cities, reflecting a vibrant and robust market. W...
08/12/2024

The total value of homes has surpassed $1 trillion in eight major U.S. cities, reflecting a vibrant and robust market. While home prices have been climbing, recent trends in mortgage rates suggest there could be new opportunities for homebuyers.

The total value of the housing market now exceeds $1 trillion in eight US cities, doubling from just four cities last year and underscoring just how much home prices have skyrocketed in a relatively short time, according to a report released Thursday from Redfin.

The Fed’s decision to hold rates steady last week has many watching for a potential cut in September. While it doesn’t d...
08/09/2024

The Fed’s decision to hold rates steady last week has many watching for a potential cut in September. While it doesn’t directly mortgage interest rates, it could influence the overall economic environment.

The Federal Reserve stood pat on interest rates but signaled a possible rate cut in September. Inflation has eased and the job market has cooled.

While the housing market remains challenging with high prices and elevated mortgage rates, there are signs that conditio...
08/08/2024

While the housing market remains challenging with high prices and elevated mortgage rates, there are signs that conditions might slowly become more favorable for buyers. Increased inventory and a potential shift toward a buyers' market could offer some relief. Here's what you need to know about the current trends.

(AP) — The nation's housing slump deepened in June as sales of previously occupied homes slowed to their slowest pace since December, hampered by elevated mortgage rates and record-high prices. Sales of previously occupied U.S.

Don't let termites catch you off guard in your home sale or purchase. Get the scoop on termite inspections and what to l...
08/07/2024

Don't let termites catch you off guard in your home sale or purchase. Get the scoop on termite inspections and what to look for in contracts.

Termites cause significant property damage. Understanding the role of termite letters, contracts, and bonds is key to prevention.

America is facing a housing crisis, with tight supplies and high mortgage rates making it tough for buyers. Check out th...
08/02/2024

America is facing a housing crisis, with tight supplies and high mortgage rates making it tough for buyers. Check out the latest rankings of states with the best housing markets for affordability and value.

These ten states are navigating high mortgage rates and tight housing inventory to host the best real estate markets in America for homebuyers and sellers.

Pets can make a mess, but with the right care, you can keep your home looking and smelling great. Get practical advice o...
08/01/2024

Pets can make a mess, but with the right care, you can keep your home looking and smelling great. Get practical advice on grooming and cleaning up after your furry friends.

You love your pets, but you also love your home. Unfortunately, taking care of your pets can take a toll on your home. Here’s a pet-lover’s handy guide to keeping both clean and tidy. Since pet odors can be absorbed by carpet, cloth upholstery and drapes, keeping pets clean means a cleaner, fres...

Potentially encouraging news for homebuyers: the supply of newly built homes is increasing, providing new opportunities ...
07/30/2024

Potentially encouraging news for homebuyers: the supply of newly built homes is increasing, providing new opportunities in the market. Although mortgage rates and home prices pose challenges, there are promising trends ahead.

The next five years will be a challenging time for both homebuyers and renters.

Making an offer on a home? Here are key strategies to help you find the sweet spot between affordability and competitive...
07/25/2024

Making an offer on a home? Here are key strategies to help you find the sweet spot between affordability and competitiveness.

It’s perfect! After lots of home shopping you’ve found the house you want. Now it’s time to make an offer. But how do you come up with a number that is affordable, yet competitive? In other words, how do you know when your price is right? Get the facts. As a buyer, your calculations should [.....

The U.S. mortgage market is struggling with low applications, layoffs, and mergers. Homeowners are sticking with their l...
07/23/2024

The U.S. mortgage market is struggling with low applications, layoffs, and mergers. Homeowners are sticking with their low rates, making it tough for new buyers. While home prices remain stable, the industry’s recovery may hinge on lower mortgage rates.

While national home prices and single-family homebuilding have proved resilient, the mortgage market remains in the dumps.

Do spiders and snakes give you the creeps? It turns out, most of them are harmless. Understanding how to identify venomo...
07/19/2024

Do spiders and snakes give you the creeps? It turns out, most of them are harmless. Understanding how to identify venomous creatures can help us coexist safely with these fascinating but often misunderstood animals. Here’s a quick guide to spotting venomous snakes, spiders, and scorpions in North America.

Creatures that crawl and slither give us the heebie-jeebies. Here’s our guide to spotting venomous snakes, spiders and scorpions.

The 2024 housing market remains tight, with low inventory levels challenging buyers nationwide. For example, states like...
07/18/2024

The 2024 housing market remains tight, with low inventory levels challenging buyers nationwide. For example, states like Kansas and Rhode Island have among the lowest housing supplies, while Florida and Hawaii have more favorable conditions for buyers. Check out the full article for detailed charts and insights on the current market dynamics.

The current housing shortage—which is now estimated to be between four million and seven million homes—can trace its beginnings to long before the COVID-19 pandemic. In the 10 years following

Estate planning can be simplified by using trusts, which help streamline the inheritance process and avoid probate. Trus...
07/16/2024

Estate planning can be simplified by using trusts, which help streamline the inheritance process and avoid probate. Trusts offer various benefits and can be an essential tool for managing your assets. Here's a quick guide to understanding the pros and cons of using trusts in your estate planning.

Putting your assets, including your home, into a trust will streamline the inheritance process for your heirs.

Recent numbers show that inflation in the United States is slowing down. The Consumer Price Index (CPI) dropped slightly...
07/15/2024

Recent numbers show that inflation in the United States is slowing down. The Consumer Price Index (CPI) dropped slightly in June, making some experts think the Federal Reserve might cut interest rates soon. This is good news for people looking to buy homes and for the overall economy.

"CPI data is music to the Fed's ears"

SHARE TEXT:Nothing's worse than your air conditioner failing during a July heatwave. To keep your home comfortable, it’s...
07/12/2024

SHARE TEXT:
Nothing's worse than your air conditioner failing during a July heatwave. To keep your home comfortable, it’s essential to maintain your cooling systems. Now's the time to give your AC the attention it needs. Stay cool and ensure your home remains a refreshing oasis all season long!

What can you do to ensure your HVAC systems will be there when you need it most? Here are a few tried-and-true tips for homeowners.

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A great Magician Loves to be tricked by his wife

My wife called me into the kitchen to show me a “Magic Trick”

She put a penny under a bottle of water and told me that she could make the penny pass through the bottom of the bottle into the water.

She is so good. I got it on video. I will upload it and show you!

Tres



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