Investment and Income Real Estate Specialists
Under section 1031 of the Internal Revenue Code, a real property owner can sell his property and then reinvest the proceeds in ownership of like-kind property and defer the capital gains taxes. To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the tax code and […]
When it comes to investing, everybody has certain goals and aspirations. However, there are certain guidelines every aspiring real estate investor needs to know: 1. Compare Property Values and Rents Financial statistics only go so far; the best measure of a property’s market value is often the sale prices of nearby properties. The same holds […]
According to RealtyTrac.com there are currently over 2 million foreclosure properties listed in the United States. While this is not great news for the industry or the US economy in general, it represents a HUGE opportunity for real estate investors who have cash to invest or can qualify for a home loan! Now is the […]
Here are 10 frequently asked short sale questions that are very helpful especially if you are just getting started or considering short sales as a means to acquiring pre-foreclosures. 1. What happens to the seller’s credit rating when they allow an investor to short sell their property? What typically happens is the loan will show […]
If you have read the mainstream media, the forecast for real estate seems bleak. This is especially the case in hard hit states like California, Florida, Arizona, Nevada, Illinois, Ohio, Michigan and New York. In 2011 and 2012, one in every 17 households in Arizona received a foreclosure notice. In Florida one in every 18 houses […]
