Hiring a Vacation Rental Manager? Ask These Questions First

Handing your vacation rental to a property manager is a big decision. The right one can grow your income. The wrong one quietly drains it. Before you sign with anyone, ask a few direct questions. The answers tell you …

Vacation Rental Location Matters, Here's Why

Yesterday I talked to a vacation rental owner who was confused. He'd heard that a lot of owners that had vacation rentals in Red River saw their income drop this year, but his was up 15% and he couldn't figure out why. …

Don't Leave Money On The Table, Insist On A Proper Valuation When Selling Your Vacation Home

A seller came to me after she had already sold her home through another brokerage. She wanted to know if she had left money on the table. I could not tell her, …

How To Lower Property Taxes When You Buy A Vacation Home

When you buy a furnished home in the mountains, there's a good chance you're about to overpay on property taxes without even knowing it. The good news is that it's an easy thing to fix, as long …

I Can't Find The Perfect House in Red River or Angel Fire

You have probably been there. You tour house after house in Red River or Angel Fire, and not one of them is quite right. There is always something. The kitchen is dated, the lot is …

The IRS May Owe You A Refund For COVID Related Penalties & Interest Under Kwong vs US

If you paid the IRS a late penalty during the COVID years, there's a real chance you can get that money back. This one matters for local business owners and vacation …

Leaky Toilets Will Cost You Money In Your Vacation Home

A homeowner called me a couple of days ago, frustrated. His septic holding tank was full, and nobody had even been to the house. That makes no sense at first, until you find what is really going on.

How To Save On Capital Gains Taxes When Selling Your Red River or Angel Fire Home

If you're getting ready to sell your vacation home and you haven't separated the furniture from the real estate price, you're probably about to overpay on capital gains taxes. There's a simple …

How To Value Commercial Property

If you own commercial income property and you're thinking about selling, or you're shopping to buy, the value probably doesn't work the way you'd expect. A house gets priced off comparable sales. Commercial real estate usually gets priced off the income it produces.

How To Make Money From Inflation Using Real Estate

Inflation hits everyone. You feel it at the grocery store, at the gas pump, and just about everywhere else you spend money. But if you own the right real estate, inflation can actually start working in your favor. Here …