A 1031 exchange refers to Section 1.1031 of the Internal Revenue Code which was passed in 1990. Normally, when you sell all real and personal property, the tax code requires the payment of the Capital Gains Tax. That is to say, when you sell your office for 0,000 more than you bought it for, you … Read more
Everyone breathed a sigh of relief when the tax cuts were extended at the end of last year for another two years. Although it is good for real estate investors that the maximum federal capital gains rate will remain at 15% for the next two years, savvy investors know that they really pay much more … Read more
If you’re considering purchasing some sort of commercial real estate, the commercial property listing should include three things. These three things will help you make a more informed and savvy decision about the particular property and its investment potential. Anyone looking at property in today’s market knows that now, more than ever before in our … Read more
There are quite a few things that you should think long and hard about before you make the decision to buy a net leased property. Doing your “due diligence” before you decide to dive right in and buy can save you quite a few headaches down the road. Below are just a few of the … Read more
If you decide to relocate to Florida, you’ll have property taxes just as in any other state. The good news is that Florida property taxes are very reasonable. The median home value in Florida is 9,500. The average property tax is ,495, which means Florida has the 22nd highest average tax amount in a comparison … Read more