• What are some advantages of renting versus buying?
• Are there tax benifits to buying a home?

General Real Estate Questions and Answers

Ever thought how much you pay in rent over an extended period of time? Probably a lot more than you realize. The amount you spend for rent each month could be applied to a mortgage, not only building equity in your own property, but – in most cases – substantially reducing the Federal and State income taxes you pay each year. And what happens to your rent money? It’s gone! There’s no interest, no equity, no return.

Here are some simple tax facts. In Nevada, there are fewer taxes and a lower tax burden than in most other states. That's why Nevada is on every list of the top tax havens. Just this year, Money magazine ranked Nevada as one of the states with the lowest tax bill and California Business magazine rated Nevada as best overall for business based on a review of several factors including a low tax burden. In Nevada, there is:

• No personal income tax
• No corporate income tax
• No inheritance, estate or gift tax
• No franchise tax
• No unitary tax
• No special intangible tax
• No chain store tax
• No admissions tax
• No inventory tax

The best state in the country overall for business is Nevada as quoted in California Business magazine. The magazine published the results of a 50 state survey which showed the pastures really are "greener on the other side of the state line." Tax Savings in Nevada can amount to over 30% more spending income to you!

A research team from California Business collected information on all 50 states. They brought together government statistics and private research reports and compared special interest data bases. Twenty different measures of state social, economic and business health were chosen as being of primary importance. Nevada was chosen largely because of its pro-business attitude. The study ranks Nevada high in the following areas:

• Overall business climate
• Lowest corporate profits tax
• Best overall economy
• Population growth
• Employment growth
• Lowest combined major state and local tax
• Number of new companies per 10,000 workers
• Gross state product (GSP) growth
• Number of environmental policy initiative in place

People relocate for a number of reasons. Some of us move for new work opportunities, some of us move to be closer to family, and some of us move just for the adventure of new places and opportunities.

Whatever the reason for your relocation, it is bound to be a time that – though exciting – will also be hectic. There are so many details that you need to take care of as you move out of your familiar environs and move into an unfamiliar community.

To minimize the stress of this move you need the assistance of a qualified professional who has an intimate knowledge of the area to which you are relocating. Our company has helped numerous families with the transition to a new neighborhood and we are experienced at making this process as painless as possible.

Forclosure Questions

Purchasing a Bank-Owned Property

When to Buy

When to Sell

Tilley's Tips and Tricks