Source: Douglas McIntyre | 24/7 Wallstreet for MSN Money | August 31, 2021 Home sales, and prices, are at unprecedented levels for several reasons. Among them, mortgage rates sit near all-time lows, which makes homeownership more affordable. The incomes of upper-class and middle-class Americans were, for the most part, not affected by the pandemic, which has allowed them to remain in the market for homes. The pandemic did trigger a migration of people from large coastal cities to those that are more affordable. … [Read more...]
Archives for August 2021
What Is a 1031 Exchange? How Real Estate Investors Can Put Off Paying Capital Gains
August 17, 2021 by Leave a Comment
Source: Realtor.com | Ana Durani | August 2, 2021 Anyone new to real estate investing may hear some terms thrown around that they may not fully understand. One of these terms is the “1031 exchange,” which is a common tax strategy that can help real estate investors expand their portfolios and raise their net worth. Planning to sell an investment property and want to defer paying a barrage of taxes, including capital gains? Here are answers to common questions surrounding the 1031 exchange, from the … [Read more...]
