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Use IRS Code 1031 to defer paying taxes on real estate capital gains of investment property by reinvesting the proceeds into another like-kind property.
US home equity climbed almost 80% since early 2020 as home prices have surged.
Overpricing a property reduces its selling price-it inevitably ends with price cutting & a weak negotiating position. The longer a property stays on the market, the less it will sell for. The key to selling a property for top dollar is pricing it correctly in the 1st 30-45 days it's on the market.
Weekly mortgage loan demand jumped 20% last week, as tariff volatility briefly tanked rates.
Pay for property renovation projects by the job not by the hour. When you pay by the hour, it normally takes more time and costs you more money.
The new tariffs Trump recently announced would raise construction costs because nearly all imports would be subject to 10% 'baseline' tariffs.
