1. We bought a one-hundred plus year-old home and discovered a foundation problem after moving in. Do we have recourse?

    Reader Question: We bought a one-hundred plus year-old home. Tenants occupied it at the time of purchase, and we couldn’t move in for three months. It is our first house. It has a stone wall foundation and wooden beams supported by screw jacks. An addition has a concrete block foundation. The home inspection called for […]

    October 22, 2018
  2. I am considering investing in real estate. Can you explain how people avoid taxes just by owning property?

      Reader Question: I am considering investing in real estate. Can you explain how people avoid taxes just by owning property? Monty‚Äôs Answer: Real estate investors do not invest in real estate to avoid taxes. They invest in real estate to build wealth. Appreciation, income, and depreciation create wealth in real estate. Depreciation is also […]

    October 16, 2018