Real estate investments are risky by nature, but there are ways to mitigate your risk and reap the rewards that can be realized. Those who invest in real estate wisely can potentially find additional passive income as well as financial freedom and independence. While the lure of passive income may sound appealing, real estate isn’t […]
While landlords across the US have been enjoying increasing rents and property appreciation as a result of the recent real estate boom, a growing national rent control movement is causing many landlords to rethink holding on to properties in impacted areas. Landlords in California are growing especially nervous as momentum is building to repeal the […]
Deferral of Capital Gains Tax: Investing in a like-kind property permits owners to postpone their capital gains tax after selling a property. This is the primary reason why real estate investors use 1031 exchanges. DST’s packaged structure has captured the attention of industry because it allows investors to close business deals in 3-5 days which […]
There are many different, complex concepts involved in the field of real estate business, but one key term that you need to be aware of is Tenants in Common (TIC). In case you are wondering, what is Tenants in Common, have no fear: at First Guardian Group, we have the information you need to master […]
A net lease rental property requires the tenant pay for some or all the property expenses that would normally be paid by the rental property owner. Tenants who have a single net lease pay only the property taxes in addition to rent. Tenants with a double net lease pay the property taxes and insurance premiums. […]
The first thing all of us consider in determining a fair price for something we are buying or selling is to look at the prices of comparable items that have recently sold. If we are looking to buy a home to live in, we will first want to know the prices of similar homes that […]
When investors complete a 1031 Exchange, they are required to report the details to the IRS on IRS Form 8824. Failure to file this form and correctly report the required information can result in a reversal of your 1031 Exchange and potentially trigger penalties. This form must be completed and filed along with your tax […]
If you’re interested in investing in real estate, you may be aware of a 1031 Exchange. While a 1031 Exchange can save you a significant amount of money by deferring capital gains taxes, there may be times when you need additional cash from an investment property or are unable to avoid a mortgage or cash […]
A just-released survey from the National Association of Realtors (NAR)* confirms what we have been hearing from a growing number of our clients: a record number of residential property owners now believe this is the right time to be selling. Nationwide, the survey reported that 77% of homeowners either strongly or moderately think that now […]
We frequently receive questions from owners of appreciated personal residences who ask us if it is possible to defer taxes on the sale of their personal homes using the 1031 Exchange. The answer which may surprise some readers is a conditional “Yes” – provided several important steps are followed which we will generally outline in […]