The idea of having a vacation home can be very exciting. In fact, many Colorado residents do have vacation homes in ski country, or in the islands to get out of the snow. The idea of owning a vacation home is very appealing to many, including Colorado residents who often own properties in ski country […]
Real Estate Investment Information
Looking to invest your money in Real Estate? We've got answers to your questions and tips for success!
Buying a 4-unit apartment for your first home
In response to the increase in property values, the FHFA has declared an increase in the maximum baseline conforming loan limits for Fannie Mae and Freddie Mac-acquired mortgages for home loans in Colorado for the year 2024. Typically, when individuals embark on their journey as first-time home buyers, their initial considerations often revolve around condominiums, […]
Evolution of broker agency and commissions in a real estate transaction, Part 2
Like a listing contyract, where the Seller employs the REALTOR, the Buyer Agency contract creates an agreement where the Buyer employs the REALTOR to represent. In Part 1 of this two-part series, I discussed the history and evolution of seller agencies, buyer agencies and commissions in real estate. The Division of Real Estate in […]
Evolution of broker agency and commissions in a real estate transaction, Part 1
In 1994, Colorado created new working relationships for the public in working with real estate brokers. In the beginning – before 1994, that is! – life was relatively simple for real estate buyers and sellers concerning their relationships with their real estate brokers. There simply was a Seller Agency. Every broker relationship was a Seller […]
Variations of 1031 Real Estate Exchanges
If you own investment real estate and aim to advance your position on the investment ladder, a 1031 Exchange could be an ideal strategy. When people hear the term “1031 Exchange,” they often perceive it as challenging due to the assumption that finding a direct exchange partner might be difficult. However, Section 1031 of the […]
You might be a real estate professional
If you own several properties, you may want to check with your CPA to see if you qualify – in the eyes of the Internal Revenue Service (IRS) – to be classified as a real estate professional. The IRS has a special provision with specific criteria to determine if you qualify as a real estate […]
Increasing the velocity of your Real Estate with a Reverse Exchange
Real Estate Exchanges have been the main stay of building real estate portfolios for years. The main reason for the popularity of Exchanges is it allows you to trade one real estate investment for another, while deferring taxes on that transaction. This enables a more rapid increase in portfolio size, since more equity can be applied to the […]
Increasing the velocity of wealth with a college condo, Part 2
In my last article, Part 1 of “Increasing the Velocity of Wealth With a College Condo,” I discussed how purchasing a condo or house for your child to live in while attending college can be a worthwhile investment and can provide financial benefits and other advantages for your college student. As you evaluate this decision, […]