We’re talking about people who own commercial real estate, or rental properties used for a commercial purpose. If this is you, you’ve created a full-time job for yourself, even if retired from your primary job. When Owning Properties Becomes a Burden When you own...
The exit strategy for most landlords has historically been, waiting until you pass away and then passing on your estate to your children or whomever you leave them to. You started off with a few properties, but over time you have taken on more properties, potentially...
Initially, when you had 1-2 properties, it was easier to manage your toilets, tenants, and trash. However, as you add more and more properties, it became much more of a full-time job. Sometimes you get great tenants that have no problems, and you know that other times...
As A Realtor, How Will This Understanding Help Me, Help My Clients? For a realtor who wants to sell a property when an exchange is happening, they also want to sell the other property too. They may feel like a DST is taking away their sales, but it is really not. A...
What is a 1031 Exchange? A 1031 Exchange is when you sell a commercial property and exchange it into another piece of commercial property to defer the taxes. This property must be a like-kind property, which can also include a residential rental property. When you...
What is a 1031 Exchange? A 1031 Exchange is when you sell a commercial property and exchange it into another piece of commercial property to defer the taxes. This property must be a like-kind property, which can also include a residential rental property. What is a...
Recent Comments