Tracey's Tip of the Day

Tracey gives many practical snippets of advice and information concerning real estate, steps in completing a Oahu real estate transaction, things to consider with estate planning related to Oahu real estate, and more.

Tip Of The Day

What is Depreciation?

Tracey shares a briefly discussion on What is Depreciation?

What is Residential-A?

Tracey describes what Residential-A means for Tax reasons.

Selling a Personal Residence vs a Second Home or an Investment Property.

Tracey explains the difference between a personal residence, a second home, or an investment property.

Seasoning of Funds.

Tracey shares a helpful tip on how to prove that your funds for a downpayment when ready to purchase, have been seasoned for 60-90 days.

Issues to be aware of with Owner-Builder Permits.

Tracey addresses the issues you may have if you get a permit under Owner-Builder Status.

Can a married couple claim two places of residency?

Tracey shares a perfect example on how to make this possible.

Filing for Home Exemption before Tax Year

Tracey tells you how to sign up for a home exemption so that you get the tax advantage as an owner occupant.

Have a file documents of Home Improvements

When you own a home, there are tax advantages for documenting the capital improvements when you sell. Tracey talks about a simple method that can make this easier even if you have owned a home for decades.