Whether you own only a family home or you have several properties that serve commercial purposes, you likely have one or several mortgages. Mortgages are a great way to finance the purchase of a home because they tend to be flexible and offer reasonable interest...
Month: May 2020
Avoiding paying taxes after selling property
Investing in real estate and selling it for a profit is a great way to earn an income. Some real estate entrepreneurs solely gain their income through doing this, while others earn an additional income when selling property while holding down full-time jobs.If you are...
Can anyone become a real estate entrepreneur?
Real estate development has become closely associated with wealthy entrepreneurs who live the dream lifestyle. For obvious reasons, many people look up to this lifestyle and want to be able to live a life like this. Flipping homes and making huge profits sounds fun,...
3 things you must do in a 1031 exchange
A 1031 exchange, otherwise known as a like-kind exchange, is a way that property investors and business owners can defer their income tax regarding profits made when buying and selling properties. This can be an extremely lucrative way to flip properties and to...
What are the most important stages of a real estate closing?
If you are currently in the process of closing on a real estate transaction, you'll know that the many stages involved can be overwhelming, and at times, confusing. The more you know about the real estate process, the better equipped you will be to lead the...
The pros and cons to real estate limited liability company
Most business-savvy individuals are aware of the primary benefit associated with incorporating their business as a limited liability company (LLC). They know that it shields them from personal legal liability if their company were to be sued. There are also many other...
