Real Estate Gift Poses Tax Problems Down the Line
When giving real estate as a gift, it is always good to know the IRS tax laws that come with it. If everything isn't declared properly, it could lead to tax ramifications down the line. If this...
View ArticleSummer Travel — Hot Spots You Might Not Have Considered
When vacationing this summer, consider alternates to crowded Disney World, Las Vegas, and DC. Instead, you may be interested in some of the more laid-back vacations such as Colorado Springs or...
View ArticleFraudulent Loan Leads To Bank Seizure Of Short Sale
Countrywide loan fraud led to bank seizure for unsuspecting homeowner. Her loan was deemed fraudulent and the homeowner discovered a bank seizure on her rental home. The property is not in foreclosure...
View ArticleDon’t Use Quit Claim Deed To Avoid Gift Tax On Inherited Vacation Property
Don't use a quite claim deed to avoid gift tax on an inherited vacation property. If you've inherited a vacation property you don't need to use a quit claim deed to avoid gift tax on the inherited...
View ArticleBuy Land to Avoid Property Encroachment
Buy land to avoid a property encroachment lawsuit. To avoid property encroachment buy the disputed land. Obtain an easement on your vacation property or buy land if a property is in danger of...
View ArticleLimited Options to Get Out of Timeshare Contract
Limited options available to get out of a timeshare contract. Timeshare owners have limited options for getting out of timeshare contracts. Work with timeshare management company to get out of...
View ArticleDeed-in-lieu or Foreclosure on Second Home
Deed-in-lieu or Foreclosure on a vacation second home is not a sure thing with a bank. Q: I have applied for a deed-in-lieu of foreclosure on a vacation beach home I own, but can no longer make the...
View ArticleBuying Vacation Property in Florida: Is Now the Best Time to Buy a Home?
When buying a vacation property in Florida for retirement, now may not be the best time to buy a home. Q: We’re thinking of buying a property in Florida as a vacation home. Since we won’t be able to...
View ArticleIlyce Glink Show – Best Vacation Spots In America – May 26, 2013
Ilyce Glink Show on WSB Radio: Where are the best vacation spots in America, and how does this compare to the regular home market? On this week’s Ilyce Glink Show on WSB radio, Ilyce discussed where...
View ArticleBuying a Vacation Rental Home: Issues to Consider
Thinking of buying a vacation rental home? Does it make financial sense for your family to use the home, or to use it as an investment? Q: I am trying to figure out if the numbers would make sense for...
View ArticleSecond Homes In Mexico: An Owner’s Manual
Here’s how you know you’re in the middle of a real estate boom: In tiny, picturesque Sayulita, Mexico, about 45 minutes north of Puerto Vallarta, the first signs you see when you turn onto the dirt...
View ArticleA Weekend’s Repose On Hilton Head
It isn’t often that you get to enjoy a stretch of beach as beautiful as that on Hilton Head Island. I spent the Memorial Day weekend strolling and then bike riding along miles of flat beach covered...
View ArticleHow Many People Will Be Traveling Each Year By 2015?
According to the FAA, more than 1 billion people will fly the not-so-friendly skies by the year 2015. That’s just 8 years from now. If you think things are nutty now, just wait. Apparently, the FAA is...
View ArticleHomesteading Vacation Property
Q: I just homesteaded my lake home that I have owned for five years. In June I sold my primary residence. After two years, can I sell my lake home and avoid paying capital gains tax? A: If your lake...
View ArticleTimeshares
We had a call this morning on the show about selling a timeshare. You should know a couple of things about timeshares: Some people like ’em, some people don’t use ’em, but timeshares are really...
View ArticlePrimary Residence Means Living There Full Time
Q: I have a question relating to the capital gains tax exclusion on the sale of a home. It has to do with the “2 out of 5 years” time period. Suppose a couple occupies a vacation home 3 day per week...
View ArticleChanging Travel Plans Will Cost You
As Ilyce discussed on the Clark Howard Show– In addition to charging fees for checking bags American Airlines has increased its fee to change tickets from $100 to $150, the Wall St. Journal reports...
View ArticleNational Geographic Camera Bag
Learn about the National Geographic camera bag created by Bogen. The camera bag features real brass buckles and velcro closures and uses materials good for the environment. Find out if the National...
View ArticleToday On The Ilyce Glink Show August 10, 2008
There’s a lot to talk about on Today’s Show. CDs Are Looking Like A Better Deal Interest rates are starting to rise, which means that CDs are looking like a better place to park your cash. Wachovia is...
View ArticleNew Tax Guidelines, Alternative Credit Scoring Models and Home Prices Outpace...
Miss my radio show on News 95-5 and AM 750 WSB? You don’t have to. This week I’m launching the brand new Ilyce Glink Show, which will give you the information you need to make smart decisions about...
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