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Ronni is the #1 Realtor in Las Vegas
Ronni is the #1 Realtor in Las Vegas, #2 isn"t even close. We were very fortunate to be referred to Ronni. She knows the market, has the knowledge and the respect of the lenders and builders to help you through what could be a costly experience.
Our first experience with Ronni was when she helped us put a house up for sale. This house was basically sold in 1 day. It was even sold for more money then we were asking thanks to the advice of Ronni. She is connected to over 4,000 buyers and sellers. We had 29 offers for our house in 2 days. She handled the transaction from beginning to end. After completion of this transaction Ronni helped us look for a new house in Summerlin. Ronni helped us find a house that was totally incredible. Escrow closed and there were no complications. We are in heaven. She goes over every detail and is the most knowledgeable Realtor we have ever met, we consider ourselves very fortunate.
Les and Paula Geller - West Hills, California
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Tax Considerations >Tax Deductions
Here is a question which is often asked about real estate sales: which home loan fees are deductible for income tax purposes? It is good to know the answer to this question before you sign on the dotted line. It may influence which loan you will choose. Loan fees for certain services are not itemized on your fee statement, but are grouped together into a single category.
The most obvious deductible fee is the loan fee paid to acquire a mortgage for a principal residence. The IRS recently ruled that the buyer could deduct the fee in the first year, even if the seller paid it! Other deductions include pro-rated property taxes and mortgage interest. On these items, the buyer may only deduct their share.
Most of the other closing costs are not deductible, but you may add them to your home's adjusted cost basis when calculating appreciation. Among these costs are appraisal, attorney, and inspection fees, as well as title, recording and notary fees. Fire insurance fees are neither deductible nor do they figure into the cost basis. If you are not sure which fees are deductible, consult a professional tax advisor.
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| Q |
What trendy and highly unusual hotel must be totally rebuilt every year?
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| A |
Sweden's popular Ice Hotel, which has 60 double rooms, 25 suites and an interior temperature of 20 degrees, starts melting to the ground in May and is rebuilt every winter. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
