Consider Fred and Wilma. They are anxious to become the owners of a prestigious house. Naturally, they are both positively bubbling over with excitement. Wilma, in particular, can barely restrain her enthusiasm for the home of her dreams. However, she has the financial brain of the couple and... more
Part II: Using Your IRA For many years now, people have been using non-directly owned real estate in their IRAs and other retirement plans. These intangibles are investments like REITs and real estate mutual funds. But most people did not know that they could use their retirement plans... more
SUMMARY: Saving for a new home can seem like an insurmountable challenge, especially for first-time buyers. But what kind of numbers really come into play? We look at down payments, mortgage insurance, closing costs, and more. Singles, couples, families, at some point almost everyone turns their... more
Since the 1920's savvy real estate investors have taken advantage of the evolving 1031 exchange rules promulgated by the IRS. Many of you are probably familiar with this concept, if not veterans of the procedure. The ability to defer capital gains and depreciation recapture taxes, as well as the... more
Right To Your Inbox!