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RSS Where We Live

  • Renting vs. buying — crunching the numbers on two D.C. condos February 25, 2015Nancy Simmons Starrs is president and founder of Apartment Detectives, a D.C., Maryland and Northern Virginia apartment search service.  During the course of my work day, some of my clients will ask me if they should consider renting or buying. As a real estate agent, I can help them consider both options. Some are looking at rental […]
  • Real Estate Matters | Renting out home has tax benefits for underwater owner February 25, 2015I just received a 1099 for income I received from renting my townhouse. This income is less than the mortgage payments I paid. How do I file this on my federal and state income taxes? By the way, I had no choice but to rent the property because I am underwater. I owe $20,000 more than what […]
  • How to negotiate closing costs on a newly constructed house February 24, 2015Ever notice how enticing advertising for newly built houses can be? More than one million new housing projects were started in 2014, and the prospect of being able to choose between several models — combined with the benefits of owning a new house — make buying from a developer an attractive option. Today, many builders […]
  • Ask the Builder | What to do about drainage issue caused by neighbor’s pool February 24, 2015My back yard is not level. The ground slopes from the left to the right as you look out my back kitchen window. The land in the subdivision slopes this general direction until it hits a small creek three blocks away. Ever since my neighbor built an in-ground swimming pool I have had water ponding […]