Category Archives: Real Estate

What Military Landlords Should Know About Section 1250 Depreciation

Just because you joined the military, you shouldn’t have to give up the right to buy a house.   While there are many things to consider, you may: Buy a starter home Purchase a home that you plan to live in, … Continue reading

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30 Day Financial Transition Challenge Day 9: Rental Real Estate Exposure

Welcome to Day Nine of the 30 Day Financial Transition Challenge.  Today’s article focuses on your rental real estate exposure, specifically if you’ve become an accidental landlord at some point in your career.  You might not own any rental property, … Continue reading

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30 Day Financial Transition Challenge Day 4: Owning the Right-Sized Home

Welcome to Day Four of the 30-Day Financial Transition Challenge. Today’s article focuses on the concept of owning the right-sized home, which is the fourth of the Five Fundamentals of Fiscal Fitness. Bottom Line Up Front (BLUF)  Owning your residence, … Continue reading

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FAQ: Which is Better, a 30 Year Mortgage or a 15 Year Mortgage?

One of the most common questions that I’ve been asked (and one of the most popular debates that I’ve seen), is the question about whether it’s better to have a 30 year mortgage or a 15 year mortgage.  There are … Continue reading

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Five Fundamentals of Fiscal Fitness #4: Own the Right-Sized Home (and Mortgage)

Five Fundamentals of Fiscal Fitness #4:  Own the Right-Sized Home (and Mortgage) This article, “Own the Right-Sized Home (and Mortgage),” is the fourth in a five-article series that discusses the Five Fundamentals of Fiscal Fitness, designed as a basic starting … Continue reading

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Eleven Real Estate Lessons I Learned as an Accidental Landlord

Real Estate Lessons Learned This is the story of my first house, which my wife and I bought in our twenties.  It’s not really as bad as the cool Star Wars picture to your left.  Things worked out in the … Continue reading

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5 Things to Consider About Buying a Home During Your Military Transition

Introduction This article was written as a response to an issue that had been discussed on the Military in Transition Facebook Group Page.  Specifically, the issue has to do with the challenges service members face when trying to obtain a … Continue reading

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3 Tax Considerations When Selling Your Rental Property In The Military

When you make the decision to sell your home, it can be for any number of reasons: relocation, buying a bigger home, downsizing, or because it makes financial sense to do so. In fact, I previously wrote an article about this here. However, there are times in your military career where you just can’t sell your home as soon as you leave it: you’re underwater, you might move back into it later on, it’s got potential to make a lot of money as a rental, or timing issues. From the moment you have a tenant move into your house, it’s no longer your home…it’s a rental property. Whatever the reason for selling your home, let’s take a look at three tax considerations you should take into account: Continue reading

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Three Rules of Thumb for Buying a House (in the Military)

I wrote this article a couple of months ago, which you can find here.  However, I’ve made some changes, because there are some things you should consider when buying a house in the military. The largest purchase most people will … Continue reading

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5 Tax Considerations When Selling Your Home in the Military

In the military, there are many reasons for selling your home.  You can sell for any of the following reasons: relocation buying a bigger home downsizing retirement/separation because it makes financial sense to do so Let’s take a look at … Continue reading

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