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A 1031 Exchange is a tax strategy that lets real estate investors swap one property for another while deferring capital gains taxes. Named after IRS Section 1031, it’s like hitting a “pause” button on taxes when you sell investment properties. Instead of paying taxes upfront, you reinvest the entire sale proceeds into a similar property.
The physical land you’re looking to buy isn’t the only thing you should be inspecting during your first tour of the property. Just under the surface could lie a large water reserve, which can greatly impact the value of the land and the way you inevitably make use of your property should you decide to
Key Takeaways An easement gives someone the legal right to use part of your land for a specific purpose, even though you still hold ownership. Common types include utility easements, access easements, shared driveways, and conservation easements. Most rural tracts have at least one recorded easement. Title work usually catches them, but only if the
There’s nothing more damaging to your finances than getting a raw deal when selling your property. With the help of a land broker, you can avoid this situation because you will have a trusted advisor at your service to help you handle the nuances and read the fine print that go into getting the most out of your
When selling your land, it’s important to have the most trusted advisors supporting you and helping you get the most out of your sale. However, this may be easier than it sounds. You could find a broker fairly easily, but without the proper research as to their qualifications and experience in selling rural property, you
When a landowner is looking to sell his or her land, the goal is to appeal to the right buyer and settle on an agreeable price. However, understanding the market for a piece of land isn’t always easy, and the steps that sellers take to improve their property may or may not increase the overall sale
Whether you’re buying or selling land, it’s crucial that you’re aware of the value a piece of property holds. The land itself is important, but you’ll also want to know about the future prospects and potential room for profit depending on how you intend to use it. This is especially true when it comes to harvesting
Taxes might not be the most exciting topic, but when you are dealing with real estate investments, they are something you can not afford to ignore. The 1031 Exchange is a valuable strategy for property owners looking to defer capital gains taxes and grow their investment portfolios. So, what exactly is a 1031 Exchange? Named
Every time people ask Toxey Ha​as, creator of the Mossy Oak brand, why his company decided to expand into the real estate business in 1999, he’s quick to answer. He tells them that Mossy Oak is about more than just the camouflage brand that gave the company fame – it embodies living your best life
For most land buyers, purchasing rural property means taking out a loan. And while this process comes with plenty of moving parts to consider, one of the most important decisions will likely be choosing between a fixed and adjustable interest rate. The obvious question is: Which is better? Like with most issues surrounding rural real
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