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The tax consequences of trading spaces are fairly painless if you participate in an Internal Revenue Code Section 1031 tax deferred exchange. Such exchanges allow sellers to defer taxable gain on investment properties. The key to this concept is that taxes are deferred which means, of course, that at some point, they must be paid. While specific ...
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When it comes to real estate, it’s easy to see how the term “high touch” can have a double meaning. Attorneys, accountants, escrow people, title folks, architects, pest control people, home inspectors, insurance agents, surveyors, contractors, electricians, plumbers, home warranty insurers, engineers, property managers, ...
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Conditions, Covenants and Restrictions (CCRs) are normally incorporated
in the deed when property is initially subdivided. CCRs are said to
“run with the land”, hence, they are binding on subsequent owners.
Advocates of such restrictions feel property values are enhanced because
minimum standards by which all owners ...
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Let’s review. Pricing is key. Actually, that’s a gross understatement.
Over-priced listings are not selling. Wanna know how to tell if your
property is overpriced? It’s simple. Listings receiving lots of interest
and few showings or those with a lack of interest are over-priced.
I
can track activity by studying viewing ...
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You
have finally saved enough for a down payment on your first home. You’ll
have just enough money left to buy a little furniture and sheets for
the bed. Then you hear about the additional costs that you hadn’t
anticipated. The costs have you concerned about how you will proceed.
One
way to cover a shortage is by including a ...
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