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Real Estate Tips
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.

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Real Estate Trivia
Q 
What mortgage transactions between borrowers and lending institutions operate in the private sector of the economy?

A 
Conventional mortgages are private sector transactions that are not insured or guaranteed by the government.
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Geri Doyle and Caren DeVoe, REALTOR®, real estate agents and broker for Newton, Baxter and Colfax Iowa home listings, property and land for sale - NUMBER1EXPERT(tm)

Geri Doyle and Caren DeVoe
Doyle & DeVoe-Iowa Realty

1802 S. 12th Ave. W
Newton, IA 50208
Geri: 641-792-5678
Fax: 641-792-5668
Caren: 641-792-5999
Toll Free: 1-866-792-5656
Geri Doyle: cdevoe@iowatelecom.net
Caren Doyle: cdevoe@iowatelecom.net

Geri,CRS, e-Pro, and Caren, Broker Associate, know how important it is to have caring professionals to help you when you're making a move. They give you the one-to-one attention you deserve. Buying or selling a home is an important step for a family. We connect with our clients both on a professional and an emotional level. There are many decisions to be made when purchasing or selling a home. Count on us to keep you informed of the market trends and latest conditions so you can make informed decisions when the time comes.

CRS ePro Equal Housing MLS REALTOR


Doyle & DeVoe-Iowa Realty real estate and homes for sale in Newton, Baxter and Colfax Iowa




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