Is It Better to Finance a Luxury Property or Pay Cash? Your Tax Questions Answered
We work with high-net worth individuals all the time, who have the ability to buy a luxury property with cash but are wondering if that’s to their advantage. When purchasing a high-end property, many buyers consider paying cash to streamline the process, but...How to Avoid Wire Fraud the Next Time You Buy Real Estate (with these FBI Tips)
There’s a lot at stake when you’re buying real estate, not just emotionally, but financially. If you’re financing your investment, there can be a unique element of risk that you need to be aware of to protect yourself. Buying or refinancing a home is...
Can I Get a Second Mortgage without Letting Go of My Current Interest Rate?
If you’re one of the lucky ones who bought or refinanced when interest rates were in the 2’s and 3’s, you may be hesitant to tap into your home equity for a second mortgage even if it is a substantial amount. We have some great news! If you have...
Maximizing Tax Deductions & Buying Luxury Real Estate – You Can Have Both!
One of the best benefits available to you as a successful self-employed person can also become a major hurdle when you want to buy a home; we’re talking about tax deductions. If you’re self-employed, you probably take advantage of tax deductions to...
Buying Luxury Real Estate Without Using Tax Returns
Any time you are doing things differently than the majority, you might run into unique obstacles. Many people find this to be true as a self-employed person or business owner when they want to buy a home. For anyone in this situation, we know that purchasing luxury...
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