The Real Blog of Ken & Denise

Congress Eyes New Rules for Inherited IRAs A surprise proposal in Congress to drum up tax revenue from inherited IRAs is raising eyebrows—and making some financial advisers nervous. A Senate Finance Committee was proposed as part of a highway-funding bill that would give heirs five years to empty...

  Another active week.   On the short sale list 3 new listing, 3 price reductions, 5 new escrows and 1 sold to report.  The home listed at 550 N. Dyer Circle listed  at $479,000 sold 03-15-2012 for $479,000.  The biggest news is that there are now three Incline Creek Estates listed at the same p...

  On the short sale list, we have 6 new listings, 1 back on market, 3 price reductions, 4 new escrows and 1 sold.  The listing at 640 Tumbleweed listed at $479,000 sold 03/01/2012 For $485,000.   On the REO list, we have 2 new escrows, 1 price reduction and 1 sold.  The condominium at 335 Ski Way...

Homeowners Go Big on Glass Walls Forget about a room with a view. Today, homeowners want views from every room. As large expanses of glass have become architecturally acceptable for modern and traditional homes, new technology is making living in a fishbowl more practical—albeit sometimes challen...

    < Greetings Realtors! Have you ever heard the question..."We'dlove to move to Tahoebut where would our kids go to school ?"Lake Tahoe School is the answer.Lake Tahoe School is the only fully licensed and accreditedindependent school in the greater Tahoe Basin.We offer the most varied, balanc...

My inclination is to pull up a deck chair, put my legs up, put a lemonade on the table, and watch with pleasure as the reality of the next monthly economic report plays upon the real estate market, the credit markets and international markets. I expect a fair amount of chatter about how, yes, we ...

Can I Deduct Losses on Investment Property? This question came up recently in a conversation.  So I started asking CPA's who answered the question and sent me to the IRS website.  What I found follows. The general rule is that you can’t deduct a loss on the sale of your personal residence. If the...

Chocolate Guinness Goodness This rich and luscious dessert came about because I needed a special dessert for a St. Patrick’s Day tasting menu. I was on a mission to use my favorite beer, Guinness, something I consider to be one of Ireland’s gifts to the world. As the 17th of March drew closer, I...

    On the short sale list, we have 2 new listings, 2 new escrows, 4 price reductions and no sales to report. On the REO list, we have 1 sold to report and 1 price reduction. The listing at 880 Golfers Pass #3 listed at $239,900 sold 02/16/2012 for $239,000. Incline agents are reporting increased...

On the short sale list we have 5 price reductions, 1 new listing, 3 new escrows, 1 back on market and 1 sale to report. The home at 542 Spencer Way listed for $649,000 sold for $600,000 02/16/2012.  The new listing at 803 Rosewood (Incline Creek Estates) is a real deal at $825,000. On the REO lis...