Month: February 2018
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Month: February 2018

Understanding 1031 Tax-Free Exchange Transactions

Most people go to great lengths to reduce the amount of tax they have to pay. For those who invest in real estate, a 1031 exchange can be a valuable resource that allows them to increase their net worth without having to pay up to 35% in taxes. Named after Section...

4 Elements of a Solid Condo Offering Plan

A condo offering plan is similar to the prospectus for an initial bond or stock offering. It needs to be thorough and describe in detail every major aspect of a property that is being sold for the first time. The seller and listing agent are responsible for delivering...