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Managing Real Estate Broker - Keller Williams Northland
Real estate topics on better business performance, education, advanced techniques for selling/buying residential, commercial and investment real estate; 1031 tax deferred exchange, licensing; anecdotes and stories to ponder.

ARCHIVED BLOG POSTS

2007 

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  The tables below shows vcant land sales for the ist quarter 2006 vs 1st quarter 2007.  Sales  volume, $, 2006 vs. 2007 is  62.1%. Time on market for 2006 vs. 2007 is 191.67% of 2006 sales volume. Sold Properties 2006 Sold Price Range # Listings Avg. Days on Mkt Less than $149,999 4 82 $150,000 ...
04/09/2007

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Transfer of property is a tax free exchange between spouses, and there is no recognition of gain or loss on the transfer of property to a former spouse if the transfer is incident to a divorce (Sec. 1041). Sec. 1041 policy treats a husband and wife as one economic entity and eliminates the recogn...
04/07/2007

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The following two tables show sales activity for single family detached and single family attached homes in Reselle, IL. The information is a comparison of sales in 1st quarter 2006 vs. 1st quarter 2007.Change in umber of units sold increased by 1.5%, average time on market increased 48%, median ...
04/06/2007

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The new basis in a tax free exchange is the basis in the old property, increased by any money given and the amount of any recognized gain, and decreased by the amount of money received (to include any reduction in debt received). Payment of cash and net mortgage debt assumed increases the new bas...
04/05/2007

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The 2 tables below gives the market analysis comparison of 2006 and 2007 for single family detached and single family attached homes in Schaumburg, IL. The analysis indicates, by price range,  the differences in homes in a given price range, number of properties in that range and time on market ...
04/04/2007

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 The 2 tables below indicate market activity comparison for 1st qtr. 2006 and 1st gtr. 2007 for single family detached and single family attached homes in Bloomingdale, IL.Sales declined by 8.9%; medan sale price increased by 28.2%; average sale price increased by 16.27%, and time on market incre...
04/04/2007

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 The table below lists all of the currently available single family detached and single family attached homes in Bartlett, IL. The information is broken out into price ranges with average time on market in each range. The higest, lowest average and mean prices are shown forthis market.For detaile...
04/03/2007

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   My next required course for Illinois real estate licensure is scheduled to start:                            Tuesday 5-22-2007                            Final exam, 6-14-2007 (evening)                            This class is held Tuesday and Thursday evening and Saturday morning.If you have ...
04/03/2007

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 The table below lists all of the currently available single family detached and single family attached homes in Carol Stream, Illinois. The data is broken into price ranges with number available and average time on market.For details on a property in a given price range, contact me below with ph...
04/02/2007

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Beginning January 1, 1987, all tangible depreciable property place in service is depreciated using a straight-line, or accelerated depreciation method over longer recovery periods.MACRS has 8 classes for assigning lengths of time for depreciable property. The first 6 MACRS categories are - 3, 5 ,...
04/02/2007
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