While a reverse mortgage can indeed be a viable way to generate income, it is very important to understand that after you take out a reverse mortgage, you will still be responsible for paying the property tax, the insurance premium, and all the maintenance costs for your home. #HomeProjects #Bathrooms #Remodel #MovieAtHome
We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?
I wish more people knew that the only one of the three main parties where not a single MP flipped from one property to the next, and not a single MP avoided capital-gains tax, where every single London MP did not claim a penny of second-home allowance, was the Liberal Democrats. #HomeProjects #Bathrooms #Remodel #MovieAtHome
When 'Ice Ice Baby' was selling a million records a day, I bought several properties: a home next to Michael J. Fox in L.A., a palace in Miami and a mountain cabin in Utah. Then, a few years later, I took a break from touring, saw that my properties had cobwebs, so I sold them, and - to my surprise - I made a huge profit! #HomeProjects #Bathrooms #Remodel #MovieAtHome
Investor demand for distressed property has been healthy, as rents rise to levels that can cover investors' costs while they wait for properties to appreciate. Giving investors a small tax break should further juice up demand, supporting prices for distressed homes and the market in general. #HomeProjects #Bathrooms #Remodel #MovieAtHome