A capital improvement is something that adds value to the home or extends its useful life. Examples include adding square footage, finishing a basement, replacing all the windows, installing a new roof or upgrading to a new furnace. The 1997 Taxpayer Relief Act introduced a capital gains exclusion of $250,000 for single homeowners and $500,000 […]
Archives for December 2025
Time for your annual real estate checkup
Just like an annual physical keeps you healthy, an annual real estate checkup helps maintain your financial well-being. Just like an annual physical keeps you healthy, an annual real estate checkup helps maintain your financial well-being. December is the perfect time to review your situation and make any adjustments for the year ahead. If you […]