| Whether to Rent or Buy a Home |
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| At some point, most individuals consider the issue of renting a home versus buying a home. It is a big decision with far-reaching financial implications. As part of the decision-making process, it may be helpful to use a rent/buy calculator (easily found on the Internet). Such a calculator will not, however, provide a clear answer. A consideration of other issues is necessary.More... |
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| Options to Purchase Real Estate |
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| Briefly stated, an option refers to a party's right to purchase real estate within a specified period of time.
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| Like-Kind Exchanges |
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| Internal Revenue Code § 1031 provides the procedure for a little-used tax shelter known as a like-kind exchange. In essence, §1031 allows the exchange of business or investment property for other business or investment property of like-kind, with tax-deferral benefits.More... |
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| Subleases |
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| A sublease is a tenant's agreement to allow a third party (sublessee) to take over the rent and occupancy of leased premises. In a sublease, the tenant remains obligated to the landlord under the original lease, and the sublessee becomes the tenant of the original tenant. The landlord may agree to accept rent payments directly from the sublessee, although he or she is not required to do so.More... |
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| Buying Houses in Foreclosure |
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| It may be difficult to find bargains in the real estate market. However, it may still be possible for deals to be found on properties in foreclosure or following foreclosure.More... |
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