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Gerald Lucas

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How Much Should You Pay To Form An LLC?, Flood Insurance 101, NJ Homes For Sale Rises Even More To Which Level?

September 16, 2025 Gerald Lucas

How Much Should You Pay To Form An LLC?

Real Estate Tip:

Flood Insurance premiums are determined by many factors including deductible amount as well the location, age, occupancy and type of property structure in the floodplain.

Real Estate News:

The number of homes being offered for sale continues to rise in NJ, increasing by 5,500 homes since the beginning of the year.

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Tags Gerald Lucas, real estate tips, real estate strategies, LLC, certificate of formation, annual report fees, state filing fee, operating agreement
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How To Cut Taxes On Investment Property, Executive Privilege & Property Ownership, The Aging Of US 1st Time Homeowners

September 9, 2025 Gerald Lucas

How To Cut Taxes On Investment Property

Real Estate Tip:

A property owner must manage his property manager--regardless of how much responsibility you choose to delegate, when you own property, the buck ultimately stops with you.

Real Estate News:

In the U.S., the median age of first-time homeowners is 38 years old, an all-time high, In the 1980s, the typical first-time buyer was in their late 20s.

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Tags Gerald Lucas, real estate tips, real estate strategies, taxes, investment property, componentization, depreciation, commercial property, residential property
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This Makes Condos A Riskier Investment Than Homes, Buying Situation When An Environmental Audit Is Necessary, Sales Of Existing US Homes Takes Surprising Turn

September 2, 2025 Gerald Lucas

This Makes Condos A Riskier Investment Than Homes

Real Estate Tip:

Always get an environmental audit when you buy commercial property or any property that has ever had an underground oil tank.

Real Estate News:

Sales of existing homes in the US rose unexpectedly in July by 2%.

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Tags Gerald Lucas, real estate tips, real estate strategies, condos, homes, insurance, property management
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