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13 Jul If we rent out home as Airbnb, what insurance do we need?

Posted at 05:01h in Ask NJMoneyHelp, Insurance, Real Estate

There are several ways you can protect a rental home and your assets....

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12 Dec Do my children owe tax if I gift houses to them?

Posted at 05:01h in Ask NJMoneyHelp, Estate Planning, Real Estate

It's important to understand how the gift tax works....

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house

20 Oct I’m buying a vacation home. How should I pay for it?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate

There are many ways to finance the purchase of a home. ...

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person on laptop with notebook

12 Jul I have to sell my N.J. vacation home. What taxes are owed?

Posted at 05:01h in Ask NJMoneyHelp, Real Estate, Taxes

Non-residents will pay an estimated tax, known as the exit tax, at closing....

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25 Sep What taxes will our kids owe when they inherit our vacation home?

Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes

There are two taxes to consider when someone inherits a home. ...

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01 Sep I sold a vacation home. Do I owe the exit tax?

Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes

The so-called exit tax is really an estimated tax levied on some home sales. ...

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16 Sep What taxes and fees are owed on this home sale?

Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes

If it's a second home, your tax liability will be different. ...

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27 Aug Can I use my IRA to buy a vacation home overseas?

Posted at 11:21h in Ask NJMoneyHelp, Real Estate, Retirement

There are specific rules about what you can invest in using an IRA....

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28 May My vacation home is now my primary home. What taxes will be due?

Posted at 06:02h in Ask NJMoneyHelp, Real Estate, Taxes

You have to meet certain tests to benefit from home sale tax rules. ...

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24 Oct Can I sell my vacation home without tax?

Posted at 06:02h in Ask NJMoneyHelp, Real Estate

Learn how to properly use a 1031 Exchange. ...

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