Is there really no capital gains tax on the sale of real estate in Washington state??

A recent statistic from Banker & Tradesman caught my attention, highlighting a growing concern in the housing market. According to Zoocasa, the annual median income in Greater Boston has increased by 22.4 percent ...

If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange.

Whether it's leveraging a 1031 exchange to defer capital gains taxes or exploring new investment opportunities in areas like Austin or the Phoenix area, there are plenty of options out there.If you're considering your next steps, I'd be happy to share some insights from what I've seen in these markets.

Florence, Alabama, is gaining traction among real estate investors, offering prime opportunities in land and new construction.

A traditional IRA pays taxes when you withdraw month at your normal income tax rate which is generally higher than the normal capital gains rate.

Over the years, I’ve also gained relationships with a few subcontractors that help me with jobs from time to time when I need a helping hand.

Sale of Property (10/2024):• Sale Price: $290,000• Net Profit: $220,000Capital Gains Calculation1.

But the quick equity gains that are possible by tracking the seasonality and "buying right" makes up for any potential lost rent in spades.

Of course the listed price may not be the actual rented price, but by tracking several listings for a while you can gain a better understanding of the market.For assessing demand, go to FurnishedFinder.com/stats and you can see demand data for a given city.