Archive for May, 2010

What are good home rental property websites?

Sunday, May 30th, 2010

Web sites are a good place to find an apartment or house to rent, if you want to go through the entire list to find one in your state and then city. The best place to look for places to rent is to go to the yellow pages of your telephone ...

Is there a higher property tax rate for "secondary" homes in California?

Thursday, May 27th, 2010

If I own two residential properties in California, will the property tax rate be the same for both homes or will the secondary home carry a higher tax rate? You lose the homestead credit but that's about it. That does not do much for you in CA -- it's only ...

Do any of the property owners on Holmes on Homes tv show sue former contractors?

Monday, May 24th, 2010

On the HGTV show, Mike Homes redoes homes that have former contractors have done shabbily. I would like to know that too?, because I saw one show about a handicap senior citizen who was practically robbed by what the contracters "didn't " do in her home. her home had to be ...

can they go after my new home if I short sale my rental property?

Friday, May 21st, 2010

if I short sale my rental property, can the lender go after my new home? Not if they agreed to the short sale, which is unusual with investment property.

What would happen to the prices of homes if the property taxes and mortgage intrest payments were no longer de?

Monday, May 17th, 2010

What would happen to the prices of homes if the property taxes and mortgage intrest payments were no longer deductible on the federal income tax? They are considering passing laws on this. You must have been doing some reading. I've always considered the tax deduction to be of no benefit. Yet some ...

Does refinancing a house in California at a higher appraisal value trigger a higher property tax?

Friday, May 14th, 2010

I thought that under Proposition 13 the appraised value of your home for property tax purposes would not be revised upward while you own the house. I recently refinanced, and the appraised value for the re-fi is significantly higher than the appraised value when I first bought the house. ...

Where in the US Master’s Tax Guide/IRC does it discuss deducting home mortgage interest and property taxes?

Sunday, May 9th, 2010

Are there any max incomes that do not allow you to deduct these? I've searched the CCH database and have not had much luck. Also, is it important to note Sec. 163(h)(3)(E) [Which talks about mortgage insurance premiums] to a client that makes over 250,000 a year? Thanks ...

can i search visitors or employee upon entery of my property?

Thursday, May 6th, 2010

am i allowed to search visitor bags, pockets vechicles on my property upon entery or exit please explain including employees at my home residences It's your home and it's a private residence. You are free to ask. They are free to tell you to go screw yourself and walk away.

What is involved in adding a mobile home to my property in Cali?

Tuesday, May 4th, 2010

I see a fixer for sale and I've got a great place in the dirt to stick it. I live in Rio Linda, california. Can I just throw it on and hook up new utility lines, call utils and tell them that I have a new unit for them to bill? THe ...

We have sold our property/home "for sale by owner" on a balloon contract….?

Sunday, May 2nd, 2010

We have sold our property ourselves on a short balloon contract, now we don't know what to do with the contract once it's signed. Who do we file it with? Registrar of deeds? we wont be turning over the deed until it balloons in October so how will they get ...