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Gerald Lucas

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What The Hell Is Causing Rental Bidding Wars?, How Moving Can Turn You Into A Landlord, Multi-Family Vacancy Rates Fall

October 19, 2021 Gerald Lucas

What The Hell Is Causing Rental Bidding Wars?

Real Estate Tip:

If you relocate for a new job and rent out your property, you are a landlord in the eyes of the IRS, so make sure you report your new rental property on your federal income taxes.

Real Estate Insight:

The U.S. multifamily sector headed into the third quarter of 2021 on the upswing, as record-setting demand pushed vacancy rates lower in the first half of the year.

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Tags Gerald Lucas, real estate tips, real estate stratgies, flood damage, National Flood Insurance Program, NJIP
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Is Hurricane Flooding Covered By Homeowner's Insurance, Why You Should Match Your 1098 Form, Housing Starts Fall

October 12, 2021 Gerald Lucas

Is Hurricane Flooding Covered By Homeowner's Insurance

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 Insight:

U.S. construction starts declined in August for the third straight month, pushing starts to an 11-month low

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Tags Gerald Lucas, real estate tips, real estate stratgies, flood damage, National Flood Insurance Program, NJIP
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