HOUSE

When tax season rolls around, do you wonder whether you’re missing out on critical deductions? Knowing which operating expenses you can and can’t deduct could determine whether you pay more in taxes than necessary. One significant tax deduction you can take advantage of is your rental property insurance. This key operating expense deduction can reduce your tax liability while helping …

According to the St. Louis Federal Reserve, the commercial real estate (CRE) market was valued at $22.5 trillion in the fourth quarter of 2023, with a total CRE debt outstanding of $5.9 trillion. Banks hold 50% of the CRE debt, followed by government-sponsored enterprises (GSEs) at 17%. The CRE lending by U.S. banks has grown substantially over the past decade, …

/*! elementor – v3.8.1 – 13-11-2022 */ .elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#818a91;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#818a91;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}   Imagine waking up each day to the refreshing sea air and endless possibilities for recreation. Newport, Rhode Island, isn’t just a vacation destination – it’s a vibrant, active community. Beyond the rich history and stunning scenery, Newport offers a dynamic array of activities to …

David Uberti and Nick Timiraos of the Wall Street Journal report on last week’s CPI data showing that U.S. inflation eased slightly in April, with the consumer-price index rising 3.4% from a year ago. This inflation data should allow Fed officials to breathe more easily as it suggests prices and economic activity aren’t reaccelerating. Uberti and Timiraos note that this …

Newport County, Rhode Island, is a golfer’s paradise. It offers an impressive array of courses that cater to players of all skill levels. From championship-caliber layouts to hidden gems tucked away in serene settings, each golf course in Newport, Middletown, Portsmouth, Jamestown, and Little Compton delivers a unique experience. Let’s take a closer look at the golf courses in this …

According to Freddie Mac, the average 30-year mortgage rate fell slightly to 7.09% after a weak jobs report, but they are still hovering above seven percent. This impacts buyers and sellers, as potential sellers hesitate to list their homes at current rates. Elevated house prices make it challenging for potential buyers to afford a house in this high-rate environment. Source: …

Apartment List released its monthly rent report last week, showing that rent prices rose for the third consecutive month, but the growth was modest. This indicates sluggishness in the market. The national median rent increased by 0.5% in April to $1,396. However, rent growth slowed slightly compared to the previous month. This could be a sign of another slow summer …

A rental property pro forma is a comprehensive document that projects the income and expenses of a particular property. It typically offers the prospective buyer a crystal-clear picture of their potential returns. Unlike actual financial statements, which record past transactions, a pro forma is forward-looking. It’s a blueprint, a hypothetical scenario based on a few well-informed assumptions about how a …

Jeff Cox of CNBC reports on U.S. GDP growth, highlighting that in Q1 2024 it increased at a 1.6% annualized pace when adjusted for inflation, according to the preliminary read from the Bureau of Economic Analysis. Economists had predicted an increase of 2.4% following a 3.4% gain in Q4 2023 and 4.9% in Q3 2023. Cox quotes David Donabedian, chief …

Generally, tenant screening can take a few hours to several days. It’s not set in stone because the time frame may vary due to several factors, such as the applicant’s responsiveness, the accuracy of the information provided, and the number of applicants you need to screen. In this article, we explain the components of tenant screening, including credit checks, background …