Isn't it possible to avoid any taxation by doing a 1031 exchange and purchasing more land or multiple properties.

If this area has quarter acre lots 90' deep, the lots would be about 120' wide.

When you take into account the fact that General Motors and Ford BOTH turned a profit last quarter for the first time in a long time, you begin to see that the real estate market in this area is not as it seems on the surface.

Paying the bank a dollar to avoid paying the government a quarter!

(As an aside, according to the Honolulu Board of Realtors, there were 1,366 condo sales and 975 single family home sales in the third quarter, for a total sales volume of $1.311 billion.

I was very suspicious of the model these newbies presented so I began researching the company... hence, I found this site.We are planning on selling a few of our rental properties in the first quarter 2008 so that we can reinvest the equity in some of the great opportunities available in our market currently.Jacksonville has weathered the market shift reasonably well overall but, of course, there have been casualties.

I think that the market has been spiraling into recession well over the last three or four quarters.

Being an S-corp will get you out of the SE tax and still provide for single taxation and flow-through qualities like that of a partnership.

Even in our flat market the prices of the houses that are selling is higher every quarter.

You give her the money each month (or quarter, or whatever), and when she dies (or at the end of a fixed term), you get the house.How you make the payments, I don't know.