Author: joeyfiorella

Understanding how ct capital gains tax works is essential for Connecticut homeowners and investors planning their taxes strategically. In Connecticut, capital gains are not subject to any preferential tax rates. Instead, both short-term and long-term gains are taxed as ordinary income.  That means the rate you pay depends solely on your total taxable income and … Continued

When you own a home in Connecticut, understanding the financial aspects of maintaining or installing a well is crucial. Unlike public water systems, private wells give you full control of your water supply but also place the responsibility for upkeep, repairs, and installation squarely on your shoulders.  Knowing how to budget for well cost in … Continued

One of the biggest hidden expenses homeowners face, especially in older properties across Connecticut, is outdated electrical wiring. While plumbing and roofing tend to draw attention during inspections, electrical systems are just as critical for safety and functionality.  If you own a home built before the 1970s, chances are you may eventually face the decision … Continued

Owning real estate in Connecticut comes with many challenges, but one of the most stressful situations a homeowner can face is dealing with a fire-damaged home. Beyond the immediate emotional and financial toll, there are complicated questions about safety, building codes, insurance claims, and the possibility of the property being condemned.  Understanding Connecticut’s legal and … Continued

The real estate market has become increasingly competitive in recent years. With limited inventory and growing demand, many homes attract multiple offers within days of being listed. If you are a buyer hoping to stand out, one of the strongest ways to gain an advantage is by presenting a competitive cash offer.  Sellers tend to … Continued

When selling your home, receiving multiple offers can feel like a dream come true. More interest typically means more negotiating power, but that power can quickly slip away if you mishandle the counteroffer process. Sellers often believe they can simply make several counteroffers at once and see which one sticks, but this approach can backfire.  … Continued

Selling your house can feel overwhelming, especially if you are working with cash buyers who often move quickly and use strategies designed to secure a better deal for themselves. While there are many advantages to working with a cash buyer, such as faster closings and fewer hurdles with financing, it is important to understand the … Continued