There are quite a few benefits that you will want to keep in mind when it comes to a 1031 exchange for your next property investment venture. It is best to begin by explaining the basics of a 1031 tax exchange, which is also referred to as a tax deferred exchange. Simply put, … Read more
If for some reason the investor is unable to sell the relinquished property within the strict 180 day deadline, the EAT will transfer title of the new property to the investor. The investor will end up owning both the replacement property and the relinquished property which was not sold. A failed reverse exchange will not … Read more
You manage your own investment property, but your tenant had not yet paid the rent. Should you phone the tenant? Should you send email? Should you go to the tenant? What should you do with late-paying tenants? Well, the first thing that you should remember is not to panic. One of the difficult problems that … Read more