What are some common tax credits for real estate investors?

Real estate investors can benefit from several tax credits designed to encourage investment in projects that provide societal or environmental benefits. Here are some common tax credits: 1. Low-Income Housing Tax Credit (LIHTC) This credit is aimed at promoting the construction and renovation of affordable housing units for residents with income limitations1. 2. Rehabilitation Tax …

How To Handle Mortgage Recording Tax On Commercial Real Estate

One of the most expensive parts of purchasing commercial real estate is handling the mortgage recording tax. Although this fee is not present in all states, the large percentages and steep mortgage requirements could take potential buyers by surprise. What is a mortgage recording tax, and what should you expect if you are planning to …

Capitalizing on the Smart Homes Trend in Real Estate

Once exclusively reserved for high-end homes, smart home technology has taken the real estate market by storm in recent years. Homeowners at all levels are increasingly incorporating smart home technologies into their homes — and they’re reaping financial benefits. Here’s how to get started. What are Smart Homes? Smart homes are properties that have been …

The Importance of Commercial Real Estate Photography for Faster Sales

In today’s competitive real estate market, first impressions are everything. Potential buyers are often drawn to properties based on their visual appeal before any other factors come into play. This is why Commercial Real Estate Photography has become a cornerstone of effective property marketing. From showcasing luxury homes to presenting vast commercial spaces, high-quality imagery …

What is Title Insurance and why do you need it?

Title insurance is a type of indemnity insurance that protects both homebuyers and lenders from financial loss due to defects in a property’s title. Here’s a breakdown of what it is and why it’s important: What is Title Insurance? Title insurance covers issues that might arise with the ownership of a property after the purchase. …

Three Unexpected Expenses Every New Homeowner Should Prepare For

Buying your first home is a huge achievement. Although the biggest expenses are behind you, are you financially prepared to deal with unexpected expenses? Here are three common expenses that new homeowners likely will find surprising (and depressing). Replacing your HVAC system The HVAC system in your home is responsible for heating and cooling. If …

How Technology Can Energize Your Team’s Innovative Potential

In today’s fast-paced business environment, creativity is a crucial element for any company to succeed. Managers are constantly seeking ways to increase creativity among their teams, and one effective method is using technology. Here are some ways that managers can leverage technology to boost creativity: Collaboration Tools Collaboration tools like Slack, Microsoft Teams, and Google …