Buying a home is a monumental financial milestone, often the most significant purchase of a lifetime. However, the financial journey doesn't end at closing.
Sustainable Homeownership: Managing Expenses to Buy and Stay in Your Home
Top 3 Must-Know Updates for Homeowners of Properties Valued at Over $5 Million
Owning a home brings unique considerations, especially for some properties valued over $5 million in California. It is important to stay informed about the latest changes in laws and regulations that may impact your financial decisions.
Financial Planning for Homeownership in the Bay Area: Strategies and Considerations
As innovative industries continue to fuel growth in the Bay Area and housing supply remains limited, homeownership has become a challenging aspiration for many individuals and families. The allure of owning a home in this vibrant region is undeniable, but it requires thoughtful financial planning to navigate the unique challenges of the local real estate market.
Accessory Dwelling Units – A Quick Guide
There are countless reasons for building an Accessory Dwelling Unit (ADU) on your existing property. Defined as a self-contained residential unit located on the same lot as an existing single-family home, these units can be ideal for many scenarios.
Shrinking Home Values to Enlarge Wealth Transfers
In the alphabet soup of estate planning jargon, the acronym QPRT is one of the more familiar — if not fully understood — terms and it represents a popular and rather common technique for potentially passing significant wealth amongst generations.
The Good, The Bad, The Ugly – New Tax Law Impact on Residential Real Estate
Like any classic “Spaghetti Western”, the recent major tax law has some “good” elements with regards to residential real estate, some “bad” outcomes, and some “ugly” aspects, too … with the “u” in ugly standing for unclear, unknown, and unresolved.
Share and Share Dislike
For some thoughtful buyers with the right circumstances, timeshares might make sense — especially people who like predictability in their vacation destination. But in general, for most people, they carry many drawbacks that warrant careful consideration.
Charity Begins at Home
Earmarking the family home — or some portion of it — to fund a Charitable Remainder Trust (CRT) can satisfy philanthropic intent, reduce personal taxes, and generate long-term income.
