A garage sale, also known as a yard sale, is an event where people sell used or unwanted items from their homes. Garage sales are often held in driveways, yards, or garages, and can be a great way to make some extra money and declutter your home at the same time. There are many benefits…
A car boot sale, also known as a trunk sale or a flea market, is an event where people can sell unwanted items from their cars. They are a great way to declutter your home, make some extra money, and find unique treasures. If you’re thinking about having a car boot sale, here are a…
Capital gains tax is a levy on the profit made when you sell an asset, such as a house. It can be a significant expense, so it’s important to be aware of the ways to avoid or reduce it. Avoiding capital gains on house sale is not a new concept. For decades, homeowners have legally…
A wash sale occurs when you sell an investment at a loss and then repurchase the same or a “substantially identical” investment within 30 days. The loss on the sale is disallowed for tax purposes, and the cost basis of the replacement investment is increased by the amount of the disallowed loss. Wash sales can…
When a homeowner owes more on their mortgage than their house is worth, they may consider selling their home as a short sale. A short sale is a transaction where the lender agrees to accept less than the amount owed on the mortgage in order to avoid foreclosure. Short sales can be a good option…
How to Buy and Sell Shares Buying and selling shares, also known as stock trading, is the process of purchasing and selling ownership interests in publicly traded companies. It involves understanding the stock market, analyzing company performance, and making informed investment decisions to potentially generate profits.
Purchasing a house that is not actively listed for sale, also known as an “off-market” purchase, can be an attractive option for buyers seeking unique properties or more privacy. Engaging in such transactions requires persistence, creativity, and an understanding of the local real estate market. The allure of off-market deals lies in their potential exclusivity…
Buying a house that is a short sale can be a great way to get a good deal on a home. A short sale occurs when a homeowner sells their property for less than the amount they owe on their mortgage. This can happen for a variety of reasons, such as job loss, divorce, or…
An order for sale is a court order that allows a property to be sold to satisfy a debt. It is typically used when a borrower defaults on a loan and the lender wants to recover the money that is owed. To apply for an order for sale, the lender must file a petition with…
