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Bossier City, Shreveport and Haughton Information:
About Bossier City, Shreveport and Haughton - Moving to Bossier City, Shreveport and Haughton, Louisiana? Get info here... School Reports - Reports for Bossier City, Shreveport and Haughton schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Bossier City, Shreveport and Haughton, in Bossier and Caddo Parrish County LA. Go to Main Sitemap - Main sitemap sections include Find Bossier City, Shreveport and Haughton Homes, For Home Buyers, For Home Sellers, Bossier City, Shreveport and Haughton Information, Real Estate Resources, and About Patricia Keith.
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Real Estate Tips
First Time Buyers >Your Investment
Shelter is a very basic human need which most people accommodate by renting or buying a house or apartment. Rental property is often less-than-perfect. Tenants usually experience a rent increase every year or so and feel somewhat at the mercy of the owner. They don't necessarily feel a strong commitment to the property or the community.
Making a decision to buy a house is a major commitment, and the decision has both economic and emotional implications. Instead of paying the landlord's mortgage every month, homeowners pay their own mortgage and build up equity in their investment. When they paint, plant flowers or make improvements, their family reaps the benefits of a more beautiful environment. Homeowners are much more selective than renters about finding the perfect home, and their sense of personal satisfaction heightens the pride of ownership.
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Real Estate Trivia
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Which law allows a person to give another individual up to $10,000 a year without any tax consequences?
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| A |
The Federal Gift Tax Law allows both parents to give a child (or anyone) $10,000 each in one year. |
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