Expiring Bush Tax Cuts Include Mortgage Debt Relief
Tuesday, October 23
Regardless of which box you are checking in the upcoming election, you should be aware that the expiring Bush tax cuts, made famous by the recent presidential debates, include a provision that excludes mortgage debt relief from taxation up to a maximum of $2 million. If the Bush tax cuts a...
Property Management - The Glue That Keeps Us Together
Friday, July 06
You may realize (because we’ve repeatedly told you) that Glenn Plantone is the 7th busiest real estate agent in all of Las Vegas and that he specializes in rehabbing distressed properties and turning them into beautiful homes. What you might not realize is that Team Plantone at VIP Realty ...
Silver Lining - The Investment Opportunity Lurking Behind AB 284
Thursday, June 28
If you follow my articles, you know that I have been writing a lot lately on how the passage of Nevada Assembly Bill 284 has swiftly and dramatically changed the landscape of Las Vegas real estate over the last 8 months. By and large, this change has proven disastrous for investors. One of...
Declining Foreclosures Push Home Prices to Rise in Las Vegas
Friday, June 01
These three graphs tell the tale of the Las Vegas real estate market the past few months. As I mentioned before, the changes in bank regulations in the wake of AB284 have almost completely halted foreclosures in Las Vegas and, as a result, inventory has plummeted. This graph really shows yo...
Las Vegas Builders Rush To Fill Housing Gap
Thursday, May 24
Over the last several months, the Las Vegas housing market has taken a dramatic turn. Seemingly overnight, Las Vegas has gone from a nationwide foreclosure leader to an epicenter for new housing starts. How? Why? The answer begins with the passage of Nevada Assembly Bill 284. AB-284 add...
New Program Provides Up to $15K Towards Down Payment for Qualified Home Buyers
Friday, May 18
Team Plantone in Las Vegas, NV recently announced that they are working with Wells Fargo to help potential Las Vegas home buyers qualify for a special program that can provide home buyers with up to $15,000 in down payment assistance to purchase qualifying residential real estate. This new ...