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Seattle Makes It To The Top Five For Real Estate

Seattle Ranked 5th in Nation for Real Estate

Seattle Real Estate was ranked the nation’s fifth-best market for real estate investing next year and the top “buy” market for retail and industrial property according to the latest Emerging Trends on Real Estate report by the Urban Land Institute. Seattle benefits from some core elements that make it a very desirable place to buy and hold properties:
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Five Tax Benefits Of Homeownership

Tax Benefits of Owning a Home

The Tax Benefits of Owning a Home

There are a lot of benefits to homeownership. Having a place to call you own, building equity and having an automatic savings plan are just a few of those benefits. But in addition to the direct benefits homeownership offers buyers, it also has some tax benefits. Let’s take a look a few of the tax benefits of homeownership:

 

1.    Homeowners can deduct all of their mortgage interest of up to $1 million on their tax return. That means that instead of paying the tax man thousands of dollars in taxes, you can invest that money into your home, eventually paying down your mortgage and building equity.  This rule not only applies to the homeowner’s primary residence but to second homes, rental homes, investment properties, vacation homes and any other real estate property the taxpayer owns as long as they spend either 14 days each year in the property, or 10 percent as much time as it’s rented.
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The Real Estate Gold Rush: Time To Buy Again?

Real Estate Gold Rush - Best New Asset ClassReal Estate is the United States Best New Asset Class

 

For the past few years we’ve bemoaned the housing bust, the credit crisis, toxic mortgages and the foreclosure onslaught. But at a time when unemployment has slowly begun to decline and consumer spending increase, there are some housing industry veterans putting their bets on a real estate gold rush. Is it time to buy now? Are we on the eve of another real estate recovery? Some say yes. Read more