Why Keep Track of Home Improvements! Homeowners receive a generous exclusion on the gain of their principal residence up to $250,000 for single taxpayers and $500,000 for married taxpayers filing jointly.  Most people probably consider the gain or profit in a home to be the difference between the purchase price and the sales price. IRS allows […]
Is it Time to Sell Your Vacation Home? By The KCM Crew The travel industry is one of the major sectors that’s been hit extremely hard by the COVID-19 pandemic. Today, it’s hard to know how long it will take for summer travelers to be back in action and for the industry to fully recover. […]
Uncertainty in the Market! There are would-be homebuyers who are currently questioning their decision to buy a home in today’s volatile marketplace.  The nervousness about the Coronavirus has some people feeling that waiting may be a prudent thing to do. It certainly may feel natural to question it but there are some things you might want […]
Home Prices: It’s All About Supply and Demand! By The KCM Crew As we enter the summer months and work through the challenges associated with the current health crisis, many are wondering what impact the economic slowdown will have on home prices. Looking at the big picture, supply and demand will give us the clearest […]