|
All agents are NOT alike! Find out why I am a top real estate expert. Call me today 509-737-3092.
|
 |
 |
You must have Adobe®
Acrobat® to view this file. Download Adobe® Acrobat®
here >
Reprinted from REALTOR®
Magazine
www.realtor.org by permission of the NATIONAL ASSOCIATION
OF REALTORS®. Copyright 2003. All rights
reserved.
|

Request My Free Relocation Package! Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate! Find Out More > View All Offers >
|

"Realtor, Laura Harris-Hodges of Coldwell Banker is by far the hardest working realtor we have ever met..." The Thompsons Read Quote > View All Quotes >
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Laura Harris-Hodges is one of The
Top Selling Real Estate Experts Find Out More > |
|
|
 |
An Elegant Master Planned Community
 Phase 1 -The Estates Large Estate Home Sites Lot Sizes Ranging From 1/4 to 1/2 Acres
Phase 2 - The Gardens Over 11 Open Acre With Walking Trails and Greenbelts Year Round Lake and Water Features A Variety of Custom Housing Options and Home Sites For Active Adults
A Desert Oasis Golf Course Community

Diamond Built Homes Now Building In Sandpiper and The Bluffs
 
 

 |
Investment Real Estate >Investment Property Exchanges
When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.
When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.
It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.
|
 |
| Q |
In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
|
| A |
Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen. |
See More Real Estate Trivia > |
|
|
|
|