/Lawyers
8 07, 2018

How You Can Use A Section 1031 Exchange To Defer Taxes Indefinitely

By |2018-07-08T21:28:03+00:00July 8th, 2018|Categories: Investing, Investment, Investment Properties, Lawyers, Taxes|Tags: , , |0 Comments

Real estate investors can use IRC Section 1031 to postpone paying tax on the gain if they reinvest the proceeds in a similar property. This doesn't mean that it's tax-free, but it does postpone the tax. Plus, they can defer indefinitely if they're smart about it. Real estate investors use this to grow their portfolios and increase the actual return on investment. To do this you'll need to know all the details of the Section 1031 code though, and should consult with an expert.  Here's the thing: Too many people assume that they can't use Section 1031 because they think

6 11, 2015

Do You Need a Lawyer for Real Estate Investing?

By |2015-11-06T15:16:59+00:00November 6th, 2015|Categories: Hard Money, Investment, Lawyers, Real Estate|0 Comments

The jury is still out, so to speak, on whether you should hire a lawyer to buy an investment property or you can work the deal between you and your real estate agent. If you ask a dozen different real estate investors, you’ll probably get a dozen different answers. The fact is that there’s no one-size-fits-all answer. You’ll have to weigh the benefits on your own. Should You Hire a Lawyer to Buy an Investment Property? It’s often a good idea to have an attorney look over your paperwork. That’s true whether you’re about to sign a real estate contract