Author: nyxsherwin

Do you have to pay taxes when you sell your house in Kentucky?

How to Avoid Capital Gains Tax Kentucky Seller FAQ

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Selling a house is an exciting but complex process, and one important consideration for sellers is the tax implications of the sale. In Kentucky, the tax rules for selling a house can be confusing, so it’s important to understand your obligations and options.

What To Do If Your Tenants Asks To Sub-Lease In Kentucky

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There are a variety of reasons why your tenant may ask to sub-lease in Kentucky. Some landlords are fine with it, while others are not. Learn more about the process in our latest post! Sublets can work out just fine so long as the tenant has received the permission of the landlord. All contracts need … Continued

Using A Lease Option To Sell Your House in Kentucky

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The strategy you choose to sell your house can greatly impact your returns on your real estate investment. Lease options provide a lucrative alternative to selling your house outright, allowing you to earn a higher return on the sale. With a lease option, tenants have the opportunity to buy the home at the end of … Continued

5 Benefits of Selling Your House Via Rent to Own in Kentucky

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For those who may be ready to sell yet can hold onto a house that is ready for rental for a few years longer, the rent-to-own scenario provides some perks that make rent-to-own an option worth considering.  There is a large buyer pool waiting for these opportunities, seeking to attain the lifestyle that homeownership affords … Continued

What to do if Your Tenants Cause Damage to Your Kentucky Rental Property

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Real estate investing is a complex business that requires careful consideration. While the numbers may look promising on paper, it’s important to remember that dealing with people can be unpredictable. One crucial step in the process is thoroughly screening tenants, including checking references and contacting previous landlords. Even with thorough screening, it’s not uncommon for … Continued

5 Ways to Deal With Bad Tenants in Kentucky

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Anyone who’s been a landlord for any length of item knows that headaches and hassles are simply part of the job description. And number-one among those headaches/hassles is problem tenants. For truly bad tenants in Kentucky, eviction is always an option. But that can be a lengthy and expensive process, so it’s better to find … Continued

How Landlords Can Save Money Making Repairs In Kentucky

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In order to bring more long term value to the rental property–especially if you’d like to sell in the near future–it’s often recommended a landlord should keep up with regular maintenance any ultimately make the necessary repairs. You can find ways to save money making repairs in order to always keep your property in tip-top … Continued

What Can Go Wrong When You Inherit a House in KY

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If you’ve suddenly inherited a house, you may not be prepared for the questions and issues that can arise. And if you make the wrong decisions, you will likely encounter financial, emotional, and family problems before long. Forewarned is forearmed, they say, so here’s some of what can go wrong when you inherit a house … Continued

What Are the Tax Consequences When Selling a House Inherited in KY?

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The tax consequences when selling a house inherited in Louisville can be hard to understand and untangle much of the time. The relevant laws may seem fairly simple at first glance, but they get complicated when you factor in all the legal conditions and nuances. The short version is that if you made gains, you’ll … Continued

What happens when you inherit a house in KY?

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Inheriting a house is one of the few big surprises that life brings us sometimes. But what happens when you inherit a house in KY? As much as you may want to keep an inherited house, sometimes you may be forced to consider putting it up for sale. Well, selling an inherited house can be … Continued