Author: jessestolz

Understanding Passive Activity Loss Rules in Oregon

Oregon Passive Activity Loss: Selling Rental Property at a Loss

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Suppose you sell a rental property in Oregon for less than what you paid for it. What should you do with the difference? Active loss (PAL) is something you should know about. People who own real estate lose money when the market goes up and down. They should know how this changes their tax responsibilities. … Continued
tax calculator for capital gains in Portland

Portland, OR Capital Gains Tax Calculators

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Selling a home in Portland comes with a lot of excitement and maybe a few headaches. One of those headaches is figuring out how much you’ll owe in capital gains taxes. Nobody wants to sell their house and get surprised with a tax bill that eats into their profits. Good thing, you can prepare using … Continued
Rate of Property Tax In Portland

Portland, OR Property Tax Rate: How Much Are You Really Paying?

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Portland’s property tax bills often surprise many new homeowners. You open that envelope from the county and wonder why the number looks so different from what your real estate agent mentioned. The rates here are shaped by decades of voter decisions and state laws that don’t exist anywhere else in the country. In Portland, there … Continued
Who Covers the Cost of Appraisal and Inspection In Portland

Who Covers Appraisal And Inspection Costs In Portland, OR, Real Estate Transactions?

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Understanding Appraisal and Inspection Costs in Portland, Oregon Regarding real estate transactions in Portland, Oregon, buyers and sellers must know their respective responsibilities regarding inspections and appraisals. In most cases, the buyer is responsible for paying the total cost of the assessment because it is a requirement for the loan application. Assessing the property’s value … Continued
Homeowners Insurance While Selling a House In Portland

Essential Guide To Managing Homeowners Insurance When Selling Your Home in Portland, OR

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Understanding Homeowners Insurance Requirements in Portland, Oregon Knowing the details of the homeowners’ insurance policy is essential when selling your home in Portland. In Portland, Oregon, homeowners’ insurance covers various risks, including fires, theft, and natural disasters such as earthquakes and floods. Sellers need to ensure that their policy is active until the sale is … Continued

6 Advantages of Selling Your Home to a Direct Buyer in Portland That You Might Not Know About

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Selling a home in Portland marks a significant decision, one that resonates through various aspects of your life. Whether you’re embracing downsizing, embarking on a relocation adventure, or simply seeking a fresh start, locating the ideal buyer for your property is paramount. Some opt for the tried-and-true route of employing real estate agents, while others … Continued