|
|
|
 |
|
Information:
About Newton - Moving to Newton, ? Get info here...
About Colfax - Moving to Colfax, ? Get info here...
About Baxter - Moving to Baxter, ? Get info here...
Local Maps and Links - Local Maps and Interesting Links for the Sarasota and surrounding areas
Relocating? - Free real estate information & relocation package if you're relocating to , in County .
School Reports - Reports for schools kindergarten, elementary, and high schools.
Go to Main Sitemap - Main sitemap sections include Find Homes, For Home Buyers, For Home Sellers, Information, Real Estate Resources, and About .
Please Sign Up For The
Latest Listings and the Latest Real Estate News
Investment Real Estate >Investment Property Exchanges
When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.
When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.
It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.
|
| Q |
What is an encumbrance against a property, which may be voluntary or involuntary?
|
| A |
There are many different kinds of liens: a tax lien, a judgment lien, a mortgage lien, and a mechanic's lien. |
See More Real Estate Trivia > |
|
|
Get the Latest Listings Before Anyone Else!
As soon as I list another home for sale, I'll email you. You'll know first.
Find Out More >
|
|