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Are Capital Gains Taxes Keeping You From Selling Property?
Homeowners around the country are finding themselves with large amounts of equity in their homes as a result of the recent double-digit increases in real estate values, following more than a decade of growth in many areas. A common reason many are hesitant to sell is the potential capital gains taxes, but a structured installment sale could help with that. As a financial planner in the San Francisco Bay Area, I frequently hear from clients, friends and associates around the state who are considering unlocking their trapped real estate wealth. Some are empty nesters who want to downsize. Some are done being landlords, while others are considering moving to a…
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‘Supply problem’ is keeping housing unaffordable, expert says
Whilst quite a few forecasts position to dwelling prices declining up coming 12 months amid slowing house product sales, housing will continue to be unaffordable for a lot of homebuyers, in accordance to one particular skilled. “We have a provide trouble with housing,” Marc Norman, affiliate dean at the NYU Schack Institute of Actual Estate, advised Yahoo Finance Stay (video clip above). “We’ll see the rate declines, but I assume the money gains that we are viewing lately are nonetheless not trying to keep up with the charges that we are viewing in the marketplace — in most markets.” New residence listings declined by 22{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}, according to a Redfin report.…
