Ron Erkson's (rerkson) Blog

                  *NEW RULES FOR TAXING GAIN WHEN A SECOND HOME IS CONVERTED TO A PRINCIPAL RESIDENCE CHANGES TO THE $500,000 EXCLUSION Effective January 1, 2009   The 2008 Housing and Economic Recovery Act (HERA), H.R. 3221, included a $16 billion package of tax incentives intended to facilitate...

While visiting a friend's home recently, I noticed a saying that had been stenciled on the wall in big letters: "A House is Built with Boards and Beams, A Home is Built with Love and Dreams."     I love the idea that a house - the actual edifice - can become more when filled with people. But the ...

Through a self-directed IRA/401k you can purchase investment property, condos, multi-family units, and land just to name a few. Real estate, over any other investment, has the potential of increased safety of principle (tangible asset), income (rent) and growth (appreciation) all wrapped into one...