1031 exchange: IRS Extends Tax Deadlines - 04/12/20 02:20 PM
The IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway.  Both of these programs are designed to promote economic growth in communities, and NAR made the case that investors in these programs should not be harmed due to the effects of COVID-19.
 
1031 Like-kind exchanges.  If an investor has taken the first step of a like-kind exchange by selling the old property, and either the 45-day or the 180-day deadline falls between April 1 and July 15, the deadline has been extended to July 15.  Opportunity Zones.  If an investor who sold a capital … (14 comments)

1031 exchange: How Much “Housing Wealth” Can You Build in a Decade? - 03/03/20 05:00 PM
Earlier this month, the National Association of Realtors (NAR) released a special study titled Single-Family Home Price Gains by Years of Tenure. The study estimates median home price appreciation over the last 30 years based on the length of homeownership.
Below are three graphs depicting the most important data revealed in the study.
How much have home prices increased?One of the first measures of the financial benefits of homeownership is the net worth (in the form of equity) an owner can build over time. The study showed the average increase in home values based on how long homeowners stayed in a home.
What was the percentage of … (6 comments)

 
Abby Stiller, SW Florida (239) 284-8637 (TOP SELLING REALTY)

Abby Stiller

SW Florida (239) 284-8637

Cape Coral, FL

More about me…

TOP SELLING REALTY

Address: 7910 Summerlin Lakes Dr, Fort Myers, Florida, 33907

Mobile: 239-284-8637

Fax: 239-214-6078



Listings

Links

Archives

RSS 2.0 Feed for this blog