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What Is A 1031 Tax Exchange?
A 1031 tax exchange is a legal way to defer paying capital gains when selling a property and then buying a “like-kind” property within the allowed period. The time limits allowed are 45 calendar days after the close of the sale of the first property to identify the like-kind property for acquisition and then close the purchase transaction to complete the 1031 exchange within 180 calendar days.
Case-Shiller: June Home Prices Grew at Slowest Pace in 12 Years
Home price growth continued to slow in June according to Case-Shiller’s 20-City Home Price Index. 17 cities reported higher home prices in June, but three cities reported lower home prices month-to-month. Seattle, Washington was the only city to report lower home prices year-over-year in June.
Should You Brace For A Potential Market Downturn Next Year?
Don’t panic, a looming recession may be good news for those wanting to sell their homes. The experts say this recession may happen in 2020, so there is still plenty of time to make plans for how to deal with a potential economic downturn.
What’s Ahead For Mortgage Rates This Week – August 26th, 2019
Last week’s economic news included readings from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates were also released.
Settling Into Your New City After a Move
By Natalie Jones Packing up and moving to a new city is a grand adventure. A new town means new things to do, new people to meet, and new sights to see. However, settling into a new city is also a little scary. When everything around you is unfamiliar, it can be tough...
Important Tips To Help Kids Adjust To The Move
Moving takes a certain amount of adjustment. Kids of all ages may need a little help getting used to the new environment. Help kids adjust to the move by keeping the following in mind.
A $400,000 Profit From Flipping A Single House?
Flipping homes is popular once again. It took about eight years after the Great Recession that started in 2006 for home prices to rebound to the levels seen before the recession. Then, by 2016, in many areas, home prices started to rapidly increase.
How Important Is The Land Around A Potential Home?
When viewing a potential home, how much consideration should you give to the surrounding land?
Four Key Injury Prevention Tips On Moving Day
It’s more likely that someone will incur an injury on moving day than on an ordinary day. The reason is that people are moving in ways that they don’t normally move, loads can be heavy, and accidents do happen. However, most injuries on moving day can be prevented by taking a few simple precautions.
What’s Ahead For Mortgage Rates This Week – August 19th, 2019
Last week’s economic news included readings from the National Association of Home Builders Housing Market Index and July readings on housing starts and building permits issued. Weekly readings on initial jobless claims and mortgage rates were also released.