Gaining Additional Tax Deductions By Owning Two Personal Residences

Many homeowners automatically assume that they should sell their current residence if a different residence is purchased. However, the tax benefits of home ownership are not limited to just one house. Some current homeowners may prefer to keep their current residence when buying a second house and claim the available tax deductions for both properties. The federal tax code allows deductions for two homes, as long as the combined mortgage amount is not more than $1 million. Read More 

Tips For Getting A Discount On Your Rent

Owning a home is extremely expensive, and it also may be out of the question if you have bad credit. Renting an apartment can be expensive as well, but it is often a good alternative if you cannot purchase a home. If you find that apartments in your area are a bit out of your price range, then you can negotiate the price. Keep reading to learn some tips to help you do this. Read More 

Ready To Buy Your First Home? Three Things You Should Never Do In A Sellers Market

If you're trying to buy a home while the market is hot, you run the risk of getting burned, especially if you don't know what you're doing. While it's true that you've got to strike while the iron is hot if you want the right house, it's also true that sometimes you need to proceed with caution. That can be particularly true in a hot market. Here are three things you should never do when buying a home in a seller's market. Read More 

Two Options To Consider When Looking For A Larger Home On A Budget

One of the hardest parts about buying a new house is finding a larger home to accommodate you and your family on a smaller budget. However, there are a few things that you can do that will make it a bit easier to find a large home on a limited budget, such as the two options listed below. Consider A Townhouse One option that you can consider when looking for a larger home on a tight budget is a townhouse. Read More 

Buying A House That Your Family Can Grow In

Did you recently marry someone who has several kids? If you are now in a position in which your house is overly crowded, buying a new one might be worth considering. Opting for a new home will give you the ability to ensure that your family is comfortable in their living space, as well as that there is room for additional family members. You must consider any future children that you and your spouse might have when choosing a house to invest in. Read More