A NOTE TO READERS: Good news on the reverse mortgage front – maybe? For years, if only one spouse was on a reverse mortgage – typically because the other spouse was not yet 62 years old, the threshold for such ...Read More »
There is growing interest in the tax advantages available in like-kind exchanges of properties. A survey recently released by the National Association of Realtors shows that real estate like-kind exchanges are important in the way that real estate professionals do ...
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DEAR MR. BERKO: I was looking at the Yorkville High Income MLP ETF, which is an energy-related issue that has fallen almost 50 percent in value from its high price but yields a very good 14.2 percent. Though the value ...Read More »
New trends are constantly emerging in the housing market. Currently, homebuyers are seeking larger houses where they can age in place, keeping the lifestyle they have established. As the housing market continues its recovery, homeowners are increasingly seeking more square ...
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DEAR BENNY: I am on the board of a mid-sized condominium association. At a recent board meeting where our attorney was in attendance, I asked her a question about a problem I was having with management. She said that she ...Read More »
DEAR MR. BERKO: My 67-year-old father will retire late this year and need at least $24,000 annually – plus annual inflation adjustments – from his nearly $600,000 individual retirement account. His broker, who I think is a dummy, discussed his ...Read More »
There have been significant changes in the housing market in recent months. Examples: The all-cash share of home purchases has dropped to its lowest level since 2009. The number of institutional investor buyers is at a 15-year low. Distressed sales ...
Tagged with: institutional investorsRead More »