Blog | Marco Giannone

Step-Up Basis and How It Can Pertain to Real Estate

Image by Steve Buissinne from Pixabay Suppose you’ve inherited your parents’ longtime home. Suppose they paid $100,000 for it, and it’s now worth $300,000. Had they sold it while it was in their possession, they would have avoided paying capital gains tax due to the Taxpayer Relief Act of 1997. Now that ...

What to do during a power outage

Power outages happen for a variety of reasons like storms, grid issues, damage to components of the grid and many others. While a power outage may not be considered as directly dangerous as what may cause a power outage, there are still facets to keep in mind. Here are some tips ...

Fix It or Leave It As Is?

When you’re preparing your home for sale, you obviously want your property to look its best for buyers. That means fixing things that are broken, and, possibly, making a few improvements. But, how do you decide whether to invest in fixing or improving something versus just leaving it as is?Say, for ...

How to avoid paying for private mortgage insurance

Owning a home comes with many responsibilities outside the initial cost of the property. For many, after purchasing a home, they’re surprised with having to pay for private mortgage insurance on top of their monthly mortgage payments. Additional bills are never fun but luckily, there ...