W. J. Mencarow | Paper Source Online

Would a Recession Clobber the Housing Market or Make It Affordable Again?

Economy, Housing Market / By W. J. Mencarow

Published by REALTOR.com | February 20, 2024 Fears of another recession striking have been mounting as the Federal Reserve has attempted to slow the U.S. economy down by raising interest rates. While the Fed’s rate increases brought the real estate market to a near halt and contributed to the scores of layoffs at some high-profile companies, it’s looking …

Would a Recession Clobber the Housing Market or Make It Affordable Again? Read More »

Why Squatting Is On the Rise—and So Hard To Solve

Legal, Residential / By W. J. Mencarow

Published by REALTOR.com | February 19, 2024 Stories of squatters taking over vacant properties, costing homeowners thousands to evict, are becoming shockingly common today. Atlanta attorney David Metzger recently got a call from a client in a tricky situation: She’d gotten engaged, moved in with her fiancé, and decided to rent out her house in Dekalb County. …

Why Squatting Is On the Rise—and So Hard To Solve Read More »

See How Much Homeowners Pay for Property Taxes in the Cheapest and Most Expensive States

Residential, Taxes / By W. J. Mencarow

Published by REALTOR.com | February 20, 2024 Homebuyers looking to avoid high property taxes probably shouldn’t move to New Jersey. The Garden State continues to have the dubious honor of having the nation’s highest property taxes, according to a recent report from personal finance website WalletHub. New Jersey homeowners paid a median of $9,345 in 2022, according …

See How Much Homeowners Pay for Property Taxes in the Cheapest and Most Expensive States Read More »

How You Can Pay a 0% Tax Rate on Capital Gains

Investments, Taxes / By W. J. Mencarow

Published by FOX Business | February 20, 2024 U.S. tax code has a 0% rate on investment income – how to take advantage of it Taxpayers who sold some investments last year may be able to employ an oft-overlooked tool to whittle down the taxes owed and qualify for a 0% rate. There are three income-based tax …

How You Can Pay a 0% Tax Rate on Capital Gains Read More »

Donald Trump Fined $355M for Overvaluing His Real Estate and Other Assets

Investments, Legal / By W. J. Mencarow

Published by REALTOR.com | February 16, 2024 The former president was found liable for issuing false financial statements, falsifying business records, and conspiracy. A New York judge on Friday ruled that Donald Trump, the nation’s first real estate mogul turned U.S. president, will have to pay a $355 million fine for overvaluing his real estate empire …

Donald Trump Fined $355M for Overvaluing His Real Estate and Other Assets Read More »

From Surging Layoffs to a Presidential Election: What Will 2024 Bring for the Housing Market?

Housing Market, Residential / By W. J. Mencarow

Published by REALTOR.com | February 13, 2024 Could the presidential election stall home sales? This year has barely begun, and it already seems destined for the history books. The next 11 months are jam-packed with a combative presidential election, two large wars abroad, a string of high-profile companies announcing layoffs, and fears over whether the …

From Surging Layoffs to a Presidential Election: What Will 2024 Bring for the Housing Market? Read More »

Prominent NYC Real Estate Developer Charged in $86M Fraud Scheme

Fraud / By W. J. Mencarow

Published by FOX Business | February 8, 2024 The case stems from a failed luxury condo project called ‘The XI’ and 34-story office skyscraper dubbed ’29th & 5th’ A once high-flying New York real estate developer and several other industry executive bigwigs have been indicted for stealing more than $86 million from investors and subcontractors through …

Prominent NYC Real Estate Developer Charged in $86M Fraud Scheme Read More »

The Housing Market Sees the ‘Biggest Jump’ in 3 Years

Housing Market, Residential / By W. J. Mencarow

Published by REALTOR.com | February 9, 2023 Spring might be coming early—particularly for the housing market. The biggest indicator that the largely frozen market is thawing is the massive spike of fresh listings that sellers added to the market, according to the latest data from Realtor.com®. New listings were up by a whopping 12.8% for the week …

The Housing Market Sees the ‘Biggest Jump’ in 3 Years Read More »

Real Estate Fraud Risk is on The Rise, and Victims Are Sounding The Alarm

Behind The News, Fraud / By W. J. Mencarow

Published by FOX Business | February 6, 2024 Real estate wire fraud is surging, and victims are calling for awareness and recourse as cybercriminals become increasingly cunning. Purchasing a home is an exciting milestone in a person’s life, but criminals are increasingly exploiting such transactions through real estate fraud, robbing victims who are often left with little …

Real Estate Fraud Risk is on The Rise, and Victims Are Sounding The Alarm Read More »

When You Should (and Shouldn’t) Pull Out Equity from Your Rental Property

Investments, Rental Property / By W. J. Mencarow

Published by Think Realty | January 29, 2024 While there are many good reasons to do so, there are also situations in which pulling equity out of an investment property simply does not make sense. Investing in single-family rental properties brings many rewards, but perhaps none can grow an investor’s wealth better than equity. As …

When You Should (and Shouldn’t) Pull Out Equity from Your Rental Property Read More »