Buying – Equity from your old house to the new one – To take advantage of today’s market, homeowners often move into a new home that better meets their current needs (moving to a larger home or downsizing as the kids move out. If you are one of the many who are unsure of how […]
Selling – 1031 Rules
1031 Rule #1 – Both the Old Property and the New Property must be held for investment or used in a trade or business. Many people think that if you sold a purple duplex, you must buy a purple duplex. This is not the case – you can buy any other kind of investment real […]