A: Some improvements offer a greater return than others do. This will vary greatly depending on the type of work you have done. Remodeling magazine publishes an annual “Cost vs. Value Report” that can answer this question in more detail, based on the top 15 home improvements. A recent study it conducted says the highest remodeling paybacks have come from siding and window replacements,... (more)

The new plan mortgage relief plan announced recently by the Obama administration could reduce foreclosures by helping borrowers in the following ways:

-Putting in place protections against banks foreclosing on homeowners while they are in the midst of applying for a loan modification

-Temporarily reducing mortgage payments... (more)

A: This insurance protects your investment and personal belongings from most disasters. As an owner, you will need two insurance policies – your own to cover liability, living expenses, your belongings and structural improvements, and a master policy provided by the condo or co-op board. The master policy covers the common areas that you share with others in the building. It is paid... (more)

Have you ever paid your taxes and, weeks later, discovered something else you could have deducted?

It happens all the time, accountants say. From a panel of tax experts, here are eight commonly missed deductions to consider before you file this year:

... (more)