morning notes

QUESTION OF THE DAY: Are property owners still doing 1031 tax deferred exchanges in Greater Seattle’s current real estate market? Yes, if they have adequate equity in their investment property.

Loan rates are super low. If you’re blessed with stable employment, a good credit score, have some money in the bank, don’t have a [...]

June 17th, 2011 | Tags: , , , , , , | Category: Discussions, Updates | Comments are closed

Having a Businesses In Your Seattle Home – the rules

Thought I posted this earlier but just can’t find it :-\ The City of Seattle Department of Planning and Development has posted this 3-page client assistance memo (CAM) titled Businesses in Your Home: Home Occupations Allowed in Residential Zones explaining the conditions in which a home business is allowed in residential zones. If you [...]

June 10th, 2010 | Tags: , , , , , , | Category: Discussions, Updates | Comments are closed

Tax Credit Update

$8000 First-time Homebuyer Tax Credit – UPDATE   The $8000 tax credit is for first-time homebuyers only (IRS definition: not having owned a principal residence during the 3-year period prior to the purchase. Doesn’t have to be repaid. Equal to 10% of the home’s purchase price up to $8000. Applies only to homes $800,000 [...]

January 27th, 2010 | Category: Buying, Updates | Comments are closed