Mandeville, Covington and Madisonville real estate and homes for sale in Louisiana - Jim Lark

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Real Estate Tips

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Real Estate Tips

Investment Real Estate >Renting Your Home

Homeowners who don't need the equity from their home to purchase a new home may consider renting it instead of selling. Rental property is almost always a good investment, but you should understand the consequences of becoming a landlord.

Tenants may not share your pride of ownership and, therefore, may not maintain the property like you would. If you plan to rent your property, acquaint yourself with state or local landlord/tenant laws, including those dealing with rent control and eviction procedures. If the home you rent has been your primary residence, you could lose the benefits of a capital gains deferral when you sell it later. Get professional advice from a tax expert and a professional real estate agent before you decide to turn your home into rental property.

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Real Estate Trivia

Q	Which hazardous substance is contained in sixty-four million houses and apartments?
A	HUD estimates that 64 million homes and apartments built before 1978 contain lead-based paint.
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Jim Lark, REALTORŽ, real estate agent and broker for Mandeville, Covington and Madisonville, Louisiana home listings, property and land for sale

Jim Lark
Latter and Blum
1151 N. Causeway Blvd.
Mandeville, LA 70471
985-626-9920
Fax: 985-626-4112
jlark@airmail.net
mglass@stirlingprop.com
Helping Families Find Homes and Homes Find Families.

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