How to Calculate Depreciation on Rental Property: Maximize Your Income

depreciation

To accurately calculate depreciation, a property owner must determine the basis of the property, which is generally the cost of acquiring the property plus any improvements minus any land value. The IRS dictates specific methods and schedules for calculating depreciation, which can be complex but are essential for ensuring legal compliance and maximizing tax benefits. … Read more

What is Cap Rate? The Key to Profitable Real Estate Investments

Cap Rate

Capitalization rate, commonly known as cap rate, is a fundamental metric used by real estate investors to assess the potential return on investment of a property. It represents the ratio of a property’s net operating income to its current market value or purchase price. Understanding the cap rate can help you gauge the profitability of … Read more

How to Calculate a Home’s Square Footage? – Easy and Reliable

Home’s Square Footage

Knowing a home’s square footage is crucial, serving as a cornerstone for setting asking prices, conducting property appraisals, and executing mortgage-related transactions. This guide aims to demystify the process of calculating, ensuring homeowners and buyers can navigate the complexities of real estate with confidence. Key Takeaways Square Footage as a Value Indicator: The square footage … Read more

10 Favorite Flowering Shrubs for Spring and Summer

Favorite Flowering Shrubs

Welcome to the colorful world of flowering shrubs! As approach the warmer months of spring and summer, our gardens become a canvas for nature’s vibrant artwork. In this blog post, we’ll explore 10 favorite flowering shrubs that not only bring beauty to your outdoor space but also thrive in these seasons. Trust me when I … Read more

Home Design Trends – Trends in Wood Furniture

JAPANDI STYLE Interior Design

The world of home design is ever-evolving, with trends that come and go. However, wood furniture has remained a timeless classic, adapting and transforming with the times. I get you through the latest trends in furniture, offering insights and inspiration for homeowners, designers, and woodwork enthusiasts alike. Whether you’re looking to revamp your living space … Read more

Snowy Owls From the Arctic Tundra to the Merrimack Valley

showy owl close up

Snowy Owls are one of the most iconic species of the Arctic Tundra, often capturing the imagination of birdwatchers, nature enthusiasts, and even Harry Potter fans. But what many don’t know is that these majestic birds also make their way to places like the Merrimack Valley. In this comprehensive guide, we’ll journey through the life … Read more

Chicken Man’s Fowl Tips: The Story of Wade Boggs

WADE BOGGS Interview

When it comes to the world of baseball, few names resonate as strongly as Wade Boggs. But beyond his prowess on the field, there’s a lesser-known side to Boggs that’s equally fascinating: his love for chicken. In this article, we’ll explore the “Chicken Man’s” fowl tips, exploring his superstitions, and his culinary adventures, and even … Read more

5 Facts You Didn’t Know About The Salem Witch Trials

Salem Witch Trial

The Salem witch trials, a series of hearings and prosecutions of people accused of witchcraft in colonial Massachusetts between February 1692 and May 1693, are a significant and dark chapter in American history. While many are familiar with the basic events surrounding these trials, there are numerous lesser-known facts that provide deeper insights into the … Read more

White Squirrels – Our Mysterious Visitors

White squirrel on tree

White squirrels have long captured the imagination of nature enthusiasts and urban dwellers alike. Their ethereal appearance, contrasting starkly against the green of the trees and the brown of their more common counterparts, makes them a sight to behold. But what do we really know about these enigmatic creatures? This article delves deep into the … Read more