AgentWorld Blog : Page 2
When considering a purchase of foreign real estate you must thoroughly research property rights, holding structures, and tax and estate issues before making a purchase. Assumptions about owning real property that are based on U.S. experience do not necessarily apply to another country. Despite globalization, real estate remains inherently local; it is governed by local laws and subject to local economics. This is true whether you are buying a vacation home or are an international land developer. Also, rem
Posted on : 4/10/2009 1:52:00 PM
Real estate investing, like other small business, is often a family affair. What starts off as one investment property can easily grow into multiple holdings that require regular management. Even if your children or other family members are not going to immediately be active in the business, shifting some of the value of these assets to them during your lifetime can make sense for your family and your tax bill. One way to do this and still maintain control over your assets is through a family limited partnership (F
Posted on : 4/7/2009 8:51:00 AM
Installment sales are a great way to defer taxable gain and create a stream of income. The ability to create a stream of income can be very helpful, especially with property that does not generate rental income, like vacant land, or in cases where an investor no longer wishes to manage a rental property. Installment sales have the added benefit of enabling an investor to earn interest on pre-tax dollars. That said, these transactions can be complicated and require careful structuring and drafting of the loan terms.
Posted on : 4/1/2009 8:55:00 AM
If you are looking to buy a home, now could be a very good time. But don’t expect it to be easy, many homes currently on the market will be short sales. A short sale is a sales transaction in which the seller’s mortgage lender must agree to accept a payoff of less than the balance due on the loan in order to complete the transaction. Short sales are very common in the current market. However, they can also be very frustrating. Consent from the lender sometimes takes
Posted on : 3/28/2009 6:31:00 PM