Real estate investing has various benefits and challenges not associated with other investment vehicles. There are specific tax codes made just for those investing in real estate, whether they are commercial or residential.
It honestly feels like yesterday when I wrote post after post after post about selling my first house, looking for a new house and then eventually closing on our current home. Well, for the past 6 to 9 months The Wife and I have been looking for a new home (numbers behind the idea), and it was during this on going process this week where I ran into a very interesting exchange with a broker. The home was listed for $850,000 on September 1, way out of my league, however when it dropped to $750,000 (still out of my price range) The [...]