If you are in this situation where your junior mortgage liens are âunder waterâ you should first consult with your accountant to determine what, if any, tax liability might result in the event the bank(s) suddenly forgive your debt.
Prune your magnolia right after it blooms. Some magnolias bloom in early spring, others in summer. Regardless of type, prune after the main flush of bloom. Some southern magnolia (Magnolia grandiflora) cultivars such as 'Little Gem' bloom all summer. Prune these early in the growing season. Late-summer, autumn, or winter pruning can result in few, if any, flowers the following year.
Magnolia Planting Tips. 1  Timing: Plant container-grown and balled-and-burlapped magnolias in fall or spring. 2  Spread Roots: When planting, be sure to cut any roots that are circling the root ball. 3  Water: Give your new magnolia one inch of water per week. 4  Fertilizer: Donât fertilize your newly planted magnolia until next growing season.