If you are a homeowner, you will be entitled to tax breaks when you sell your home. It is possible to profit up to $250,000 if you file your taxes singly. If you file jointly, you could get $500,000. To make things even nicer, you will owe nothing to the IRS. There are a few caveats that are involved. You must have been the owner of the property and must have used that same property as your primary residence for at least 2 of the 5 years preceding the sale of the home. While this seems fair, what...

At some point in life, it is almost guaranteed that you will be applying for a loan of some sort. Paying cash for products and services is not only becoming obsolete, it's terribly inconvenient. Today, credit is a way of life, and as more and more people begin to shop online, plastic is the currency accepted everywhere.The most basic of loans is of course, the credit card. Companies that issue credit cards make money every month that you carry a balance, and they are betting on the fact that you...

Your home is your paradise and if you are planning to renovate your home, goes for the changes that are not only eye catchy but also comfortable for you and your family. Remodeling of the home is associated with revolutions and amendments adjusted in every nook and cranny of the home. If you are going to change the flooring of your home there are some tips for flooring of different parts of you house.Bedroom flooring:There are plenty options when it comes to flooring in your bedroom. Being the most...

I was hanging out with a few people at a wedding recently and the conversation turned totoday's real estate market.One of my friends, John, from a town near San Jose, CA told a fascinating, yet familiar,story. I thought I would share it with all of you.John and his wife, Liz, decided to sell their home. They bought the house in 2004, saw itincrease in value, and this summer decided to sell it. They interviewed four differentagents to sell their home and finally decided on the one who agreed to sell...

Managing your finances is a difficult thing sometimes. But that story elevates to a whole new level once you enter a married life. Managing your finances as a couple can be a real challenge considering the income sources and spending habits of the husband and the wife. Most couple combine their finances to create a bigger pool of funds. Some prefer to keep their own individual accounts to keep their finances separate.Couples who combine their finances will definitely have an easier time securing...