A 1031 exchange entails swapping one real estate investment property for another, deferring capital gains taxes. Section 1031 of the Internal Revenue Code (IRC) is the origin of the term 1031 exchange. It is often used by real estate agents, investors, title companies, and mortgage brokers like us. What is a 1031 exchange in real […]
The Federal Housing Administration, which is part of the U.S. Department of Housing and Urban Development, issues a specific type of mortgage called the FHA loan. Do you want to find out what is an FHA home loan? Then, you are in the right place. Here, we will answer your question and feed you info […]
What Is a DST 1031 Exchange? Are you wondering what is DST 1031 exchange? It is a combination of two powerful real estate tools: the traditional 1031 tax-deferred exchange and investment in a Delaware Statutory Trust (DST). Essentially, instead of buying a new property outright in your exchange, you invest in a share of a […]
Can you sell your home and avoid taxes on a 1031 exchange? It makes sense. The concept is simple, but the answer isn’t. Typically, your residence isn’t qualified. This guide makes what matters easy to understand, without overcomplicating it. What Is a 1031 Exchange? If you’re selling an investment property, you can reinvest the profit […]
Thinking of reinvesting in real estate without getting hit by taxes? You’ve probably heard of a 1031 exchange. A reverse 1031 exchange can be a powerful tool when you’re ready to buy before you sell. Instead of selling first, you acquire the replacement property and hold it while you arrange the sale. This method helps […]
Very few things are permanent in life, with taxes being one of them. Capital gains taxes, particularly on real estate sales, can be extremely burdensome. Fortunately, there is a very popular tax-deferral tool called the 1031 exchange. Savvy investors often rely on it. With this strategy, investors can defer capital gains taxes on the sales […]
Buying a fixer-upper sounds exciting. But the cost of repairs can make it stressful. That’s where the FHA 203k loan comes in. It lets you buy and renovate a home with one loan. With this option, you don’t need a separate loan for repairs. The 203k loan includes both the home price and renovation cost. […]
Are you a homebuyer currently exploring mortgage options? Then you are in luck! Today’s home hunters have several lending options at their disposal, and the 5/1 ARM loan is one of them. What is a 5/1 ARM Loan? Read all about it here. When you choose a 5/1 ARM (adjustable-rate mortgage), which also happens to […]
Waiting weeks for loan approval isn’t ideal when your business needs funding fast. That’s where the SBA Express Loan steps in. It’s a part of the SBA 7(a) program, designed to speed up access to capital for small businesses. With faster response times and simplified paperwork, this option can be a game-changer. An SBA Express […]
When shopping for a mortgage, you’ll likely come across two main types of loans: fixed-rate and adjustable-rate mortgages (ARMs). While fixed-rate loans keep the same interest rate over the life of the loan, ARMs offer a variable interest rate that can change over time. But what exactly is an ARM loan, and how does it […]