News

Trusting Your Trustee

By Jeffery S. Watson Many real estate investors consistently use what I call a “grantor revocable title holding trust”, which is a more accurate term than “land trust”, to take and hold title to a piece of real estate they buy for investment purposes. Such trusts can be used whether the property is being held as a long-term rental or being bought...

The Salary You Need to Buy a Home Across America

By Brad Beckett The Visual Capitalist says depending on where you live, owning a home may seem like a far off dream or it could be fairly realistic.  In their graphic today, they illustrate the annual salary needed for home ownership in 50 different U.S. cities.  Stay safe and have a Happy Friday!!! “In New York City, for example,...

Here Is an Ounce of Prevention

By Jeffery S. Watson Dear Investor, The second half of 2021 real estate taxes will be due and owing either this week or the next for many of you. I want to share something I have noticed recently. I have had three similar cases come across my desk in the last five weeks, which means it’s something that deserves attention. Investors who own properties that...

Tough Times Ahead… Analyze More Than Just an Applicants’ Income.

by Scot Aubrey Everyone loves a good survivor story.  Whether it is a group of 12 boys rescued from a cave in Thailand or the indomitable spirit of a soldier who endured more than two and a half years as a POW during World War II, these stories strike a chord with all of us.  Naturally we put ourselves into the...

America is 246 Years Young!

By Brad Beckett This Monday, July 4th, will mark 245 years of America’s independence!  Today’s infographic takes a look at the Fourth of July “by the numbers” and provides insight into this holiday that we Americans hold dear.  Whatever you do to celebrate, do it safely and have fun…..and, as always, Stay safe and have a Happy Friday!!! “On July 2nd, 1776,...

Five Requirements for Identification of Replacement Property in a 1031 Exchange

By Brad Beckett Today's graphic from Accruit reminds us that the ability to defer taxes through a 1031 like-kind exchange is a valuable taxpayer benefit, but to receive it, the rules pertaining to identification and acquisition of replacement property must be strictly followed. They have outlined the 5 requirements for identification of replacement property in a 1031 Exchange. ...