Mr. Feichthaler: I am a Canadian citizen and I am selling my house. I have read about the FIRPTA tax when non-citizens sell property in the U.S., and I would prefer not to pay it. My sales price is $345,000, and I paid $250,000 for it. What can I do to avoid this? —Gordon L. Dear ...
Mr. Feichthaler: I am considering selling my house in Cape Coral, but for tax reasons the sale cannot be completed until the new year. However, the buyer wants to move in as soon as possible, and the property is currently vacant. Although I am considering this, I think the buyer should pay ...
Before we get to our main headline topic, the big news impacting the real estate market over the past several weeks revolved around the Federal Reserve’s most recent meeting and its decision on July 26 to raise the Federal Funds Rate by a quarter percentage point. This was followed by the ...
Water features in our home gardens offer countless rewards for gardeners and wildlife visitors as well. These water features can be as simple as a bird bath or as elaborate as a fountain or small pond. Whatever you choose, water features provide the home gardener with a peaceful oasis while ...
Dear Mr. Feichthaler: Five years ago, my husband and I decided to purchase a home with our daughter. The agreement was we would contribute the down payment (which was $200,000, or 50% of the price) and our daughter would pay the mortgage, insurance and taxes. We then bought the house, with ...
The big takeaways for the Cape Coral condominium market in the first half of this year versus a year ago involve a 140% increase in the number of active listings and a 21% decline in the number of pending sales in the pipeline waiting to be finalized. Despite the rising inventory, the ...
