IRS GIVES BIG WIN TO REAL ESTATE PROFFESIONALS
Lake Arrowhead Real Estate is three quarters Vacation Homes
Lake Arrowhead is three quarters vacation homes. The real estate tax rulings published below are applicable to your primary residence. The rulings cited here may clarify second homes too but will likely require your tax expert to decipher the IRS rulings. Your real estate income will also need expert interpretation from your tax guru. Expect the IRS to watch our filings closely.
RECENT POSTS:
You’ve probably seen posts on social media talking about how “home prices are falling.” And when you see something like that, it’s normal to wonder:
Renting can feel like the easier choice right now. There’s no big down payment. No dealing with surprise repairs. And no long-term commitment.
There’s one decision you're going to make when you sell that determines whether your house in Lake Arrowhead sells quickly, or it sits.
You may have heard homeowners today have a lot of equity built up. But what does that really mean?
If you’re planning to buy a home this year, you may be focused on the spring market.
