How The Endowment Effect Hurts Homeowners Trying To Sell, How Homeowners Can Get In Hot Water With The IRS, NJ Property Tax Feat

 

How The Endowment Effect Hurts Homeowners Trying To Sell

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 2015 American Community Survey data shows that New Jersey still leads the nation with the highest average annual real estate tax (RET) bill of $8,180