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Another of the major factors that affect property value. When the economy’s good, wages and compensation increase and the buying power of consumers becomes strong. If this is the case, there’ll be more people who’ll want to own or invest in a second home or a new one entirely.
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For most real-estate owners, in order to figure out your cost basis for determining capital gains or losses on sale, you start by taking the initial amount that you paid for the property. You then.
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