The Wall Street Journal is reporting that the number of homeowners that are delinquent on their mortgages has declined. This is a sign of an improving economy. However, the number of foreclosures will likely increase due to the fact that the large number of homes presently listed as foreclosures on the market will make it … More Mortgage Delinquencies Decline
Also known as a tax deferred exchange, a 1031 exchange allows you to sell an investment property and purchase another “like kind” investment property within a specific time period and be able to defer the gains tax treatment on the sale. In order to benefit from this it is important to follow the following rules: … More Avoid capital gains with a 1031 exchange.