1031 Exchange tips – Exchange with property improvements
Build To Suit What happens when you cannot find a replacement property that is worth the same price of what you sold in a 1031 exchange? One option is to make improvements to the property being purchased. You can literally build the property to suit your needs or the needs of a potential tenant. Essentially, […]
Tax Deferred Exchange Tips – Pulling cash out of an exchange
Our friends at McFerran & Burns, PS (www.mbs-law.com) have shared these tips regarding tax deferred exchanges. Pulling Cash out of an Exchange This is a common subject of questions when an Exchangor is selling a property with a large taxable gain. Sometimes it just makes sense to pull out “Boot” in an exchange. This is […]
Latest multifamily market report video avaiable from Dupre + Scott
Dupre + Scott, local multifamily market experts have released the latest in their weekly video updates. You can view the video below and read the full article on their site at http://www.duprescott.com/productsservices/articleinfo.cfm?ArticleId=650. I recommend keeping a close eye on the updates from Dupre + Scott. They make it sound like things are going to get […]
Tellus Real Estate partners with Rockwell Insitute for discounted real estate classes
We are excited to announce that Tellus Real Estate Solutions has become a satellite school partner with Rockwell Institute. We now offer online real estate classes are perfect for prospective real estate brokers interested in getting their real estate license, new agents that need to renew their license, experienced agents looking to obtain their managing broker’s license, […]
Tax time is coming – Here is a spreadsheet to help you track your rental expenses
Tax time is closer than you think. Instead of waiting till the last minute and handing your accountant a box of receipts, you can use this handy spreadsheet to organize your income and expenses. My accountant said she would love to have all her landlord clients using something like this, so here is one small […]
CCIM chapter meeting for January 2014: Better Tax Shelter, Better Return for Multifamily Retail, Office and Industrial Investment Properties
The theme for the upcoming Washington State CCIM chapter meeting is “Better Tax Shelter, Better Return for Multifamily Retail, Office and Industrial Investment Properties” Here is a quick overview of the meeting: Cost Segregation, Tangible Property Regulations, & Section 1031 Exchanges: Refreshed and Reinvigorated Be sure to join us for this informative luncheon discussion and […]