Cole Smith Minden-Gardnerville Real Estate

Annual real estate sales rise for 3rd straight month (CHARTS)National median home price declines 3.5% By Inman News Inman News™Share This var switchTo5x=true; stLight.options({ publisher:'e0a0cbd0-a0a7-45c8-979c-61918712327d' }); At a glance: Existing-home sales (September 2011): Seasonally ...

Foreclosure sales accounted for 28 percent of U.S. home sales in the first quarter, with those properties selling for nearly 27 percent less, on average, than homes not in the foreclosure process, data aggregator RealtyTrac said in a report released today. A total of 158,434 U.S. residential properties either owned by banks or in some stage ...

Why Home Sales Will Rise This Year The first quarter ended with decent home sales activity, but the rest of the year should be even better. Here's why. By Lawrence Yun var author=''Lawrence Yun''; var date='Jun 1, 2011'; if (author!='''' && date!='') document.write(' | '); | June 2011 The first quarter ended with decent home sales ...

What Does This Mean for Real Estate Investors?The December 2010 tax cut extension maintains the President Bush-era tax cuts and provides new certainty for estate and tax planning — at least for the next two years. So what does this mean for investors and real estate brokers who want to help clients improve investment returns?Income Taxes and ...

Qty Sold% ChgVolume Sold% ChgAverage Sale% ChgMedian Sale% ChgRESIDENTIALAll North ValleyG/M N. MindenCurrent Period6713,889,690207,308198,000One Year Ago5712,432,629218,116212,000Increase / (Decrease)1018%1,457,06112%-10,808-5%-14,000

Home mortgage refinancing can be a great chance for many homeowners to make their home mortgage more affordable. Refinance loans allow you to take advantage of new offers for lower interest rates, which will lower your monthly payment. But taking out a refinance home loan isn't for everyone, and there are several things you should consider ...

The Mortgage Forgiveness Debt Relief Act and Debt Cancellation  If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. The Mortgage Debt Relief Act of 2007 generally allows taxpayers to exclude income from the discharge of debt on their principal residence. Debt reduced through mortgage ...

The first time home buyer tax credit is expiring again s0on. As it stands today (hopefully it gets extended..) one must be in contract by April 30, 2010 and have closed escrow by June 30 2010. First time home buyers are eligible for up to $8000 and Sellers who have been in their residence full time for the past 5 years are eligible for up to ...

If you incurred a loss in your business in 2008 or 2009 and that loos results in overall negative income on your form 1040 or C coorporation tax return, the 2009 tax law provides an opportunity for you to carry back your 2008 and 2009 losses for up to five years to recover taxes you paid in earlier years. It is calle a Net Operating Loss ...

RISMEDIA, October 26, 2009—Existing-home sales bounced back strongly in September with first-time buyers driving much of the activity, marking five gains in the past six months, according to the National Association of Realtors®. Existing-home sales–including single-family, townhomes, condominiums and co-ops–jumped 9.4% ...