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:
Homebuyers are watching the economy closely, and for good reason. Buying a home is one of the biggest purchases most people ever make.
A lot of buyers are stuck in “wait and see” mode right now. They’re watching rates hover a little above 6% and thinking, I’ll buy once they hit the 5s
There’s been a lot of talk lately about how a government shutdown impacts the housing market. You might be wondering: Is it causing everything to grind to a halt?
Mortgage rates have been the monster under the bed for a while. Every time they tick up, people flinch and say, “Maybe I’ll wait.” But here’s the twist. Waiting for that perfect 5-point-something rate could end up haunting your wallet later.
These days, you’re going to want to get your price right when you get ready to sell your house. Honestly, it’s more important than ever.
After reviewing what Lake Arrowhead Buyers need most affordability and rates!
