If the buyer is getting a refund they can adjust their withholding (W4) to reflect the percentage available each year-thus more money will show up in your paycheck.

(These funds include adjustments for real estate taxes, water, sewer, etc.)

Contact the insurance adjuster who's handling the A.L.E. payments.

My question to the experts out there is "How have you guys (and gals) been able to adjust to the tightening money supply?

Anyone have any experience with the idea of hedging future rate adjustments on an existing ARM using Eurodollar futures?

In order to keep taxes to the minimum, you really have to show high deductions which effect your adjusted gross income.

When his coach pointed out one slight adjustment in his swing (shoulder position), he spent an entire week just focusing on that one attribute (shoulder position), while hitting golf balls all day long.

The advantage to be gained from component segregation is that you can structure the sale in such a way that the 5 and 15 year property is sold at its adjusted basis, so there would be no unrecaptured depreciation to tax for those items.

Of course if you lived in a more expensive area you would adjust these numbers somewhat.

I have 2 properties to deal with here.Property #1 - first house bought with FHA loan, ARM that adjusts every year (1% max), is currently at 5.875%, due to drop to 4.875 in a few months. 30 year mortgage that has 13 years left.