6 Hidden Costs When Buying Your First Home
As a first time home buyer it is important to be aware of the very expensive additional costs that you will incur at closing. Many…
Should I Rent an Apartment or Buy A House?
Renting vs. buying a home is a common problem most first-time homebuyers face when deciding on their living situation. Many people find themselves asking the…
How to Prepare For Expensive Home Repairs
It’s no secret that owning a home is expensive. Heck, that’s why we created Kabinet. The benefits of homeownership far outweigh the minuses but we…
5 Reasons To Modernize Your Home Records Now
As the Kabinet CPA I can tell you that paper records have gone by the way of the dinosaur and Kabinet is a major part…
5 Reasons I Like Where I Live
Buying the right home goes far beyond the home itself. We were very lucky to buy a home we liked and stumbled upon a wonderful…
What Is A Reverse Mortgage & Should You Get One?
There is no place better than the United States of America when it comes to creative finance and a reverse mortgage is one of those…
5 Things You Need To Know When Buying A Home With An HOA
In the interest of fairness, I must let you know that I no longer live in a Homeowners Association (HOA) community. An HOA is an…
How To Use A Deferred Interest Credit Card
If you’ve ever gone furniture shopping you know about Deferred Interest Credit Cards. Every store gives them a fancy name or passes them off as…
How to Save Thousands With The Mortgage Interest Deduction
Over the last two years home prices have increased like never before. Since the Federal Reserve’s change in monetary policy interest rates have followed suit…
Why Now Is The Best Time To Buy A Home | Recession & Inflation Edition
It appears as though the United States economy is in recession, it is not the first time and it will not be the last. To…
Top 5 Pitfalls To Avoid When Remodeling Your Home
The home repair remodeling industry is fraught with pitfalls and minefields. The following are the five most important aspects to be aware of if you…
Depreciation – What is it and how does it work?
Depreciation is an artificial concept in the real world, but very real and practical for your bottom line when you file your taxes. Depreciation is a…
How to Inherit Property the Right Way- A Kabinet Tale #1
I was recommended to three siblings who owned a New York City co-op apartment that they sold for $10 million, but they had no idea…
The Greatest IRS Tax Benefits That Put Dollars In Your Pocket Today- Part 1- Capital Gains
Throughout the Internal Revenue Code there are major benefits for real estate investing and homeownership. These benefits are there for everyone, not just Donald Trump…
Becoming a Landlord: The Basics – 3 Important Tips
Buying your first investment property is an incredible achievement! Whether you completed the closing or are still in the planning stages of how to invest,…
The Greatest IRS Tax Benefits That Put Dollars In Your Pocket Today- Part 2- The 1031 Exchange
Throughout the Internal Revenue Code there are major benefits for real estate investing and homeownership. They are there for everyone, not just Donald Trump and…
What is Depreciation Recapture and how does it work? Tax Information for Real Estate Investors Part 1
The purpose of these posts is to give real estate investors general information since our tax code is so dense with minutia and exceptions that…
Is Crypto The New Real Estate & Should You Invest in Cryptocurrency Now? | Kabinet
It is no secret that Crypto has taken the investing world by storm in the last couple of years. Anyone who says that Crypto is…
Don’t Use The Term “Landlord” Use Housing Provider
Words are powerful. Landlords and tenants have been around since the beginning of time. We don’t even have to do a google search to determine…
The Amazing Tax Benefit of Home Ownership- What is it and how does it work? (Personal Residence Exclusion)
You must understand this tax rule as a homeowner! Your home has one of the most far-reaching tax benefits in the entire Internal Revenue Code….
How to Sell Your Home For Sale By Owner (FSBO)- 3 Tips
Tip #1– Put your phones on silent the night before you list your property FSBO When you list your home FSBO your phone will be…
Selling Your Home – When is the best time to sell and how to know if you are ready?
Yes, it has been a very hot real estate market over the last two years – so you may be thinking it’s very easy to…
The future of the kitchen – is the oversized white/grey kitchen a thing of the past?
If you’re anything like us, you love the oversized white/grey kitchen that has become the staple of luxury homes over the last 10+ years. Through…
Open Floor Plan Homes- Should your new home be open floor plan? An Honest Review
After watching HGTV for years it was only natural to have a fondness for open floor plan homes when searching for our first home. These…
Newlywed Home Tips- 5 Tips for Moving Into Your New Home (Most Likely in the Suburbs!) After Your Wedding
It seems as though the whole world got married over the past six months since so many weddings were postponed or cancelled due to the…
Top 5 Signs You Are Ready to Buy A Home Now | Kabinet
Sign #1 – You’ve saved up enough money for a down payment I’m not going to shock you when I say buying a home is expensive(!)…
Getting Outbid on The House of Your Dreams? 3 Important Tips to Get Your Offer Accepted!
The pandemic changed the economy forever and no sector more so than real estate. These changes have been fascinating to observe as the entire world…
5 Tips To Build Generational Wealth Through Real Estate
Why you should invest in real estate iSteel magnate and industrialist Andrew Carnegie claimed that 90% of the world’s millionaires have achieved their wealth through…
5 Questions You Need To Ask Your Mortgage Broker
Kabinet is The Essential Homeowner App! Create your fully free account now and see why it’s the app you always needed! If you are a renter…
29 Tips for Home Loans and Buying Real Estate by Chicago Mortgage Broker Chad Masters
1: The difference between retail and wholesale. Retail equates to banks, credit unions and direct lenders (some big direct lenders would be Quicken, Guaranteed Rate, Fairway,…
Sold Your Home for a Fortune in 2021? Where Should You Move Next?
A common theme for our blog articles is that the Covid 19 real estate market is crazy! From bidding wars to waived inspections and a…
5 Questions You Need To Ask Your Mortgage Broker
Kabinet is The Essential Homeowner App! Create your fully free account now and see why it’s the app you always needed! If you are a renter…
Sell or Remodel? What Makes More Sense With Inflation?
The effects of inflation are being felt by nearly everyone in every place across the globe, but especially here in the United States today. Whether…
