Category Archives: All Posts

1031 Exchange Basics

  A 1031 exchange is a legal way to defer capital gains taxes while you climb the real estate investment ladder. With a 1031 exchange, you can sell a real estate investment, purchase another, and avoid paying capital gains tax in the process. While there are some bureaucratic requirements to be followed, these exchanges offer…
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House Hunting in Winter

Before the spring market blooms, there is the much-overlooked, slower winter homebuying season. For the proactive buyer, these neglected months can offer some great, hidden deals. If you are considering jumping into the spring market, take a look now at some possible winter deals. The Advantages of Winter for Homebuyers: Less Competition – This is…
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3 Tax Tips for Real Estate Flippers

  Keep flips separate from long-term investment properties. Real estate flipping is a very different enterprise than long-term investing. Buy-and-hold landlords benefit from “passive” income rules for rents and favorable capital gains treatment. Flipping, on the other hand, is a short-term “active” pursuit similar to self-employment. Mixing the two endeavors together in the same entity…
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Spring Cleaning for Condos

This harsh winter was hard on all of us.  Unless you’re particularly lucky, it was probably tough on your condo building and budget, too.   Once the snow finally clears, here are some commonsense tips to rescue your building from this winter and spruce it up for the summer: Inspect the damage.  Have a few different…
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