Jackie's years of experience in buying and selling real estate in all markets include first-time buyers, luxury homes, new construction and antique homes. Jackie has consistently received the highest awards for Top Producer, Excellence in Customer Service, Top Listing and Selling Agent and Circle of Excellence in Relocation. She is proud of her coveted designations: GRI, Graduate of Real Estate Institute, CRS, Certified Real Estate Specialist, and SRES, Senior Real Estate Specialist. Customer Service at it's best, knowledge, experience and integrity are what sellers and buyers are looking for in a real estate agent. That is what Jackie graciously delivers. Let Jackie help with all your real estate needs.
Please Sign Up For The Latest Listings and the Latest Real Estate News
Investment Real Estate >Planning for Repairs
If you are the owner of an investment property, you are responsible when something breaks down in the building. So when the tenants call with an emergency, you will need to have a list of local repair companies you can contact, and money in the bank to pay for their services.
One of the best ways to protect your property investment is to purchase a home warranty that covers your home against unexpected system breakdowns that can be costly, particularly if the heating or plumbing systems need repair. The yearly cost of a good home warranty is probably less than the cost of replacing a broken water heater. If your property is older, a home warranty will provide you with greater security and peace of mind.
Another way to plan for investment property repairs is by building up a monthly surplus account, where part of your positive cash flow can sit in preparation for the day some major repair is needed. Having a "rainy day" fund will relieve you of financial stress when something has to be fixed.
|
| Q |
What is the maximum interest you can deduct on your federal tax return to purchase or improve a first or second home?
|
| A |
One of the greatest benefits of home ownership is the federal tax deduction for interest up to, but not exceeding, $1million. |
See More Real Estate Trivia > |
|
|
|