Posts Tagged market
A real estate investor takes pride of ownership into account when negotiating with a homeowner, but pride of ownership does not figure into an objective valuation of property for the investor. Also, an investor is not caught up in the fear and greed of the real estate market. An investor does due diligence before investing.
Every market has a psychology that shapes it. For example, in the stock market two emotions—fear and greed—shape the market. People get into the stock market based on fear and greed. They get a hot stock tip from a friend or someone at work or from someone who knows someone. This is when fear and [...]
This is a special Internal Revenue Code section that allows you to exchange or trade like-kind property for another like-kind property and defers the tax consequence until a later time. As long as you are exchanging property you are holding for the production of income (rental property) or property you are holding for investment (raw [...]
The only requirement is that you must have owned and lived in the property two of the last five years. What this means is you could buy a home, live in it for two years, and then sell the home, make $250,000 or $500,000 in profits (depending on whether you were single or married), and [...]
When you are buying real estate, there are some nice tax deductions available associated with real estate loans (points, loan origination fees) and closing costs (escrow fees, title insurance). When you are holding real estate, there are some nice tax deductions available associated with real estate interest, property taxes, and depreciation.