1031 Tax Exchange – Insider Way To Pay Zero Capital Gains

The term ‘1031 tax exchange’ found its way into the volatile real estate tax code in 1921. Since then, it has remained a pertinent issue in real estate investment talks. Some people have utilized it to their benefit while others fear using it, probably because they are not fully aware of what it entails and […]

What Are Closing Costs On A House?

What Are Closing Costs On A House? First time home buyers have many essential considerations, and one of their most frequent questions is, What are closing costs on a house? The closing occurs when an intermediary conveys the title of the purchased home or another piece of real estate.  The parties involved can expect that […]

The Ultimate Guide for Finding Distressed Properties and Motivated Sellers

Locating distressed properties and motivated sellers are essential marketing tactics for buying investment properties at a discount. Of course, this is also the trickiest part of the job. In addition to finding distressed properties, it is essential to approach the homeowner correctly. Unfortunately, many inexperienced real estate investors approach the owner incorrectly and leave them […]

Title Company Definition

Although property buyers and sellers invariably hire the services of title companies, very few of them understand the roles of these companies and why it is mandatory to include them in your real estate deals. Nearly everyone knows that they are crucial in the process of closing on a property, but very few people outside […]

The Reason We Escrow Taxes and Insurance

Banks often have specific requirements to reduce the financial risks involved with offering a home loan to mortgage borrowers. One of these conditions may be to escrow taxes and insurance on your mortgage. What does it Mean to Escrow Taxes and Insurance? A mortgage escrow is mainly the account that is used to pay your […]

What is an S Corporation LLC?

What is an S Corporation LLC? Many business owners understand and seek the benefits of setting up an LLC for relative ease of maintenance and corporate veil protection. However, for business shareholders and owners who attempt to understand the tax benefits of forming an S corporation and evaluate if filing their taxes as an S […]