- 1031 Exchange Escaping the Certainty of Taxes
In this world, said the great Benjamin Franklin, nothing is certain but death and taxes. While modern medicine continues to work on a cure for mortality, 1031 exchanges offer a valuable mechanism against...
- Will a 1031 Property Exchange Solve your Problems?
If your problem is listed below, a 1031 exchange may or may not be your solution.1. Are you a landlord that doesnt want to manage property anymore? 2. Do you want to sell your investment property, but...
- Finding references to foreclosure prevention
These days, since we have the web at hand, its childs play to discover things we need concerning foreclosure prevention. Not too long ago the only choice to find tips on foreclosure prevention was a...
- The House Flipping Trend
Picture this: You purchase a run-down old house at a local auction. The house is falling apart, maybe even in the kind of ways that require Condemned signs, and you walk away thrilled to have spent $65,000...
- Tax Provision Blamed for High Land Prices
ST. LOUIS - After working on a northern Illinois farm thats been in his family for 151 years, Rob Sharkey itched to break out on his own. That is, until land prices ballooned The 31-year-old Stark County...
- 5 Steps to a Successful 1031 Exchange
It is unbelievable to sell your investment property in 6 months for $400,00 more than you paid for it and not pay any tax on the profit. This is a recurring 1031 problem in hot real estate markets, how...
- Flipping Houses is like Being Gay
In the 21st century, everyone knows the word "gay" refers to people that are homosexual, but back in the 1950s, the meaning was contested. The alternate definition was "full of joy and mirth."Can you imagine...
- House Flipping - How to be More successful?
People are often stunned about the possible profits that can be made in "house flipping". House flipping describes the process of buying a piece of real estate, fixing it up, selling it and then doing...
- Capital Assets – Gains and Losses for Taxes
Capital is a unique term when it comes to taxes. If it gains value, you pay a tax. If it loses it, you can write at least some of the loss off. Capital Assets – Gains and Losses for Taxes Practically everything...
- A Possible Bargain: Foreclosed Properties
In the superheated San Francisco Bay Area property market, foreclosed properties are available at as much as 40% below market value, writes Srini Saripalli.The last few months of a calendar year are considered...
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