The Tax Benefits of Owning a Home

This is the seventh post in my “Taxes for Your Family” series. There is a lot of confusion about the tax benefits of owning a home.  But what are they? Itemize Deductions There are several deductions available to homeowners who itemize on their tax return: You can...

Are Vacation Homes Good Investments?

Guest Post By Diana Fishlock A great vacation often sparks dreams of owning a getaway home. It seems perfect after that beautiful week near the ocean or the mountains with no responsibilities. It may also seem like a retirement option or a good investment of time and...

Interview: Co-op or Condo?

Condominiums are everywhere, but apartment “co-operatives” are mainly an NYC thing.  These two forms of ownership appear similar, but there are important differences between them that can affect the price of the unit, the process of buying and selling, and even your...

Divorce & Your Money: Real Estate

This is the eighth post in my “Divorce & Your Money” series.  “Who gets the house?” is the biggest question for many divorces. Your Options Your answer comes down to three options:  Sell it now.  The couple could agree to put the house or apartment on the market,...