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Good question. There are quite a few tax advantages  to investing in real estate — and in some cases, closing a deal before year-end  can help you accelerate or lock in those benefits. That said, the optimal strategy depends a lot on the type of real estate (rental, commercial, primary home), how you hold it (personally, via an LLC, partnership), and your income level. Below are some of the key federal tax advantages, plus some year-end timing considerations under the current

That’s a great question — and Wes Stolsek is giving you sound advice. The reason he’s recommending both a licensed contractor   and  a handyman  is because they serve different roles  in a home remodel and are each best suited for certain types of work. Here’s the breakdown: 🧱 Licensed Contractor Best for:  Major renovations, structural work, or anything requiring permits. Why you need one: Legal compliance:  Most cities (including in Arizona) require a licensed contractor f

Quick plan to buy → renovate → sell (house flipping) — step-by-step + realistic cost ranges Nice — flipping can be very profitable when done methodically. Below is a practical, buyer-to-exit roadmap plus a detailed renovation cost breakdown  (light / mid / heavy rehab for a ~1,500 sq ft house) and concrete ways Wes Stolsek at OMNI Homes International  can help your client at every step. 1) Step-by-step process (high level) Investment criteria & goals Decide target neighborhoo

Happy Veterans Day from Wes Stolsek & OMNI Homes International! Today, we honor and thank all veterans and active-duty service members in Tucson and across Southern Arizona for their bravery, sacrifice, and commitment. Your service is the cornerstone of our freedom, and we are deeply grateful for all you have done and continue to do for our country. From our entire team, Happy Veterans Day! Thinking of Buying a Home in the Tucson Metro Area as a Veteran? Here's What You Need

Zillow is currently facing a new lawsuit  involving allegations that center on its use of artificial intelligence (AI) and listing data , as well as potential antitrust and consumer transparency issues . Here’s a breakdown of what this most recent case (late 2025) is about: 🧾 1. The Core of the Lawsuit The most recent suit (filed in federal court in late October 2025 ) accuses Zillow of: Manipulating listing visibility  through its AI-driven algorithms (especially the “Zillo

If the federal funding standoff ends and the 2025 United States federal government shutdown is resolved, there are some meaningful implications for the real-estate market in the Tucson, Arizona area — as well as some cautionary points. I’ll walk through what sellers and buyers should watch for (both upside and risks), with a few local-market considerations for Tucson. ✅ What improves for both buyers & sellers when the shutdown ends Here are a few benefits that flow from the r

Having a Realtor with a great reputation  is critical because reputation reflects trust, competence, and results  — all of which directly impact your financial and emotional well-being in a real estate transaction. Here’s why it matters so much: 🧭 1. Trust and Credibility Real estate deals involve large sums of money, contracts, and deadlines. A Realtor with a solid reputation has earned trust by consistently doing what’s right — being honest, ethical, and dependable. You kn

In real estate , the term “farming”  refers to a focused marketing strategy  where an agent consistently targets a specific geographic area , property type , or demographic group  to build name recognition, trust, and long-term business. Think of it like cultivating a field — you “plant seeds” (marketing efforts), “nurture” relationships, and “harvest” leads and referrals over time. 🔍 Two Main Types of Real Estate Farming Geographic Farming Focusing on a specific neighborhoo

Here's a summary of the differences between a Short Sale, Deed in Lieu of Foreclosure, and Foreclosure: Short Sale The homeowner sells the property for less than what is owed on the mortgage. The lender must approve the sale and agree to accept less than the total amount owed. The homeowner avoids foreclosure and may have a lesser impact on their credit compared to foreclosure. Sometimes, the remaining loan balance (deficiency) may still be owed depending on the agreement. De

Here’s how to determine a fair monthly rent for your property: 🧭 1. Research Comparable Rentals (“Comps”) Start by looking at similar properties in your area  — same: Location/neighborhood Square footage and layout Bedrooms/bathrooms Amenities (garage, yard, pool, horse setup, etc.) Condition and upgrades You can check sites like: Rentometer, Apartments.com , Craigslist , or Facebook Marketplace Look for at least 3–5 similar listings  within a few miles. Pro Tip:   Rentome

Here are some immediate steps and options you might want to consider: Contact your mortgage servicer as soon as possible. Explain your situation and ask about available hardship options. Many lenders offer forbearance, payment reduction, or modification programs for those experiencing income loss. Explore government programs. In times of national crisis or government shutdowns, federal and local agencies sometimes offer special relief programs or moratoriums on foreclosures.

Meeting with Wes Stolsek at OMNI Homes International to discuss your home's equity and value is more important and beneficial than relying solely on Zillow for several key reasons: Personalized, Local Expertise Wes Stolsek provides in-depth, customized analysis that considers the true condition of your home, local neighborhood trends, recent upgrades, and unique features—factors that automated tools like Zillow often miss or misvalue. He has firsthand market knowledge and acc

persistence drives results. efficiency saves time and wins clients. Helps me help you consistency builds trust and reputation.

Pre-Qualification An initial assessment of a buyer’s ability to purchase a home Usually based on self-reported financial information (income, debts, assets) Does not involve a credit check or document verification Gives a rough estimate of what a buyer might be able to borrow Often used as a first step to understand home buying potential Pre-Approval A more formal process involving a lender Requires submission of financial documentation (such as pay stubs, tax returns, and cr

In Real Estate , seller concessions  refer to costs that the seller agrees to pay on behalf of the buyer  to help reduce the buyer’s out-of-pocket expenses at closing. These are negotiated as part of the purchase contract and are typically expressed as either: A specific dollar amount  (e.g., “Seller to contribute $5,000 toward buyer’s closing costs”), or A percentage of the purchase price  (e.g., “Seller to contribute up to 3% toward buyer’s closing costs and prepaids”). 🔍

Updating a 2006 builder-grade kitchen for the holidays doesn’t have to break the bank. Here are some inexpensive, high-impact ways to refresh your kitchen’s appearance and impress your guests: Cabinet Facelift Paint or Refinish Cabinets: A fresh coat of paint in a trendy color (like white, navy, or sage green) can instantly modernize the space. Change Cabinet Hardware: Swapping old knobs and handles for modern ones (matte black, brushed nickel, or brass) is affordable and mak

Fall & Winter Home Preparation Checklist A. Safety First • Have your furnace or heat pump serviced and filters replaced. • Check that carbon monoxide and smoke detectors work and replace batteries. • Inspect chimneys and fireplaces for soot or blockages. • Keep fire extinguishers in the kitchen and near fireplaces. • Clear dry leaves and debris from around your home and gutters. • Ensure outdoor lighting works for dark evenings. • Stock up on ice melt, sand, and shovels. • Ch

A DSCR loan stands for Debt Service Coverage Ratio loan. This type of loan is commonly used in real estate investing, especially for investment properties. Here’s a brief overview: What is a DSCR loan? A DSCR loan is a type of mortgage where the lender primarily looks at the property’s ability to generate enough income to cover its debt payments, rather than focusing on the borrower’s personal income. "Debt Service Coverage Ratio" refers to the ratio of net operating income (

Benefits of Owning a Home Building Equity: Each mortgage payment helps you build equity in your property, which can be a significant financial asset over time. Stability: Fixed-rate mortgage payments remain stable, whereas rent can increase at the end of each lease term. Personalization: Homeowners can remodel, decorate, and upgrade their homes as they wish without seeking landlord approval. Tax Benefits: Homeowners may qualify for tax deductions on mortgage interest and prop

A Sheriff's Deed in Arizona real estate refers to a deed that is issued to the purchaser of a property that has been sold at a sheriff's...