A 1031 exchange is a hugely important way for property investors to defer capital gains tax. Capital gains taxes can prevent investors from having the capital to make new, lucrative investments after a sale. This is why so many successful investors swear by 1031 exchanges.
Purchasing a second property could be one of the best investments you ever make. Investment properties can be rented out to cover the cost of loans you have taken out against the property, and at the same time, you may even be able to gain an additional passive income from them. Property tends to increase in value over time, particularly if you make strategic choices about the type of property that you invest in.
Your business aspirations may have started at the kitchen table or were developed in the back bedroom of your home, but you're growing. Now, it's time to sign your first commercial lease.
The list price of your new home isn't the only cost you'll face. You need to carefully think over all of the financial details when deciding what house to buy.
If you've begun searching for Hollywood office space, then you've probably discovered that most Florida landlords want to lock you into a pretty long lease. Their goal is to get you to sign a long-term contract so that they'll know what type of money to expect for the next few years. Tenants often make the mistake of not thoroughly reviewing the commercial lease before signing on the dotted line.