Maybe you need to sell a house – your own or one you inherited. However, you don’t want to go through what can be a long, drawn-out process of getting it “market-ready,” then deal with strangers walking through it and sifting through multiple offers (if you’re lucky)...
Month: January 2022
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Timeframes for a like-kind exchange
If you have an investment in real property that you want to sell, you may want to consider a like-kind exchange. The IRS authorizes like-kind exchanges under Section 1031 of the Internal Revenue Code. A 1031 property exchange allows you to defer gain from the sale of...
5 things to know about rent-to-own homes
One way that modern homebuyers sometimes get the homes that they want is by agreeing to a rent-to-own contract. This is different than simply buying a home or renting it, combining elements of both and making for a more complex system. If you're thinking about using...