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Gerald Lucas

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Can A Landlord Keep A Tenant's Security Deposit?, The Unique Home Trap, Unsold NJ Home Moves More Than 20%

January 9, 2024 Gerald Lucas

Can A Landlord Keep A Tenant's Security Deposit?

Real Estate Tip:

Unique houses are often harder to sell because they generate lower demand and appeal to a smaller percentage of potential buyers.

Real Estate News:

Unsold home inventory in NJ has declined by 21% compared to December of last year, 10,700 homes.

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Tags Gerald Lucas, real estate tips, real estate strategies, landlord, security deposit, lease, tenant
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2024 NJ Housing Forecast, How To Cut Home Heating Bill, US Home Sales Rise In November

January 2, 2024 Gerald Lucas

2024 NJ Housing Forecast

Real Estate Tip:

In colder months getting your home thermostat setting just right, can cut your heating bills significantly. Program your thermostat so the temperature in your home is 10-15% lower than normal while you're out of the house.

Real Estate News:

US home Sales rose .8% in November from the prior month.

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Tags Gerald Lucas, real estate tips, real estate strategies, 2024 NJ Housing Forecast, CPI, home sales, home prices, Millennials, construction costs
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End Of 2023 Tax Tip, End Of Year Real Estate Taxes Paid Reconciliation, Landlords Offer More Tenant Concessions

December 26, 2023 Gerald Lucas

End Of 2023 Tax Tip

Real Estate Tip:

If your mortgage lender pays your real estate taxes from an escrow account, make sure the real estate taxes you claim on your return matches the number on Form 1098 your mortgage lender sends you-Form 1098 will report any real estate taxes you paid.

Real Estate News:

Landlords are offering at least one concession on 30% of rental listings, the highest rate in two years.

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Tags Gerald Lucas, real estate tips, real estate strategies, Taxes, 2023, defer, tax bracket, income, year-end bonus, self-employed
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