investobricks.com

Selling Houses with Asbestos: A Practical Playbook for a Profitable, Legal Sale

Most sellers tend to get cold feet the minute their home inspector brings up asbestos. That is because of all the years and decades worth of lawsuits, horror stories, and bad press. But the reality in the market is much easier than what most people expect – houses containing asbestos are sold daily, even for substantial prices, by those who know how to handle this issue intelligently.Having asbestos in...

investobricks.com

This New Tax Break Could Finally Convince Seniors to Sell Homes They’ve Kept for Decades

There's a new proposal before the U.S. House that gives older homeowners an incentive to sell. Introduced by Rep. Nicole Malliotakis of New York, the Nest Egg Protection Act would raise the capital gains exclusion for Americans aged 65 and over temporarily. For the next four years—from 2027 to 2030—homeowners who qualify may exclude up to $1 million in profits from taxation for property owned for at...

investobricks.com

When the Home Becomes Ground Zero: Gayle King’s Affair Revelation and What It Still Means

Never one to avoid speaking the truth, Gayle King has made an entire career out of telling it as is for 40 years on air as the CBS Morning anchor. As such, her recent interview with Alex Cooper on the popular Call Her Daddy podcast about walking in on her former husband, William Bumpus, along with her best friend, both wrapped in towels, in the bedroom of their Connecticut home was not just shocking but...

investobricks.com

San Lazaro Residents Race the Clock to Buy Their Mobile Home Park for $42.5M

One Post-it note changed the lives of over 800 people living at San Lazaro Mobile Home Park in Boulder County, Colorado. After announcing their intention to sell the mobile home park at a whopping price of $42.5 million, approximately 213 families were left with the tough decision to make the purchase of the land under them or face losing everything that they had built over the years.As per the law, the...

investobricks,com

Florida Voters Will Have the Final Say on a Historic Property Tax Overhaul

Property tax relief may be just around the corner for many homeowners in Florida, but how much relief there will be, and at what cost, won’t be known until November arrives.Following a special legislative session held this week, lawmakers in Florida have now approved a ballot proposal that aims to increase Florida’s homestead exemption. With votes of 75-26 in the House and 30-9 in the Senate, the...