1031 exchanges are a tax-deferment strategy used in real estate investing to defer capital gains taxes on the sale of an investment property. This allows investors to use the proceeds to acquire a like-kind replacement property, ultimately helping to increase their overall return on investment. To qualify for a 1031 exchange, investors must follow strict rules and timelines outlined by the IRS.
Whether you’re a first-time buyer or a seasoned investor, I am committed to equipping you with the knowledge and insights needed to make informed decisions that align with your goals. These are the most commonly asked questions from Tacoma home buyers.
Preserve your investment. Your home is likely your largest asset. By taking precautionary measures such as maintenance, repair, and cleaning systems and fixtures throughout your home, you’ll preserve your investment for the years to come! Here is a list of my top seven maintenance items for Homeowners in the PNW:
The Real Estate Market in Tacoma, Washington is currently facing two major challenges: affordability and lack of home supply. These two factors are driving the market in Tacoma and are the cause for the ongoing competition for (most specifically!) single family homes with attached or detached dwelling(s) and multi-family units.
There is plenty of chatter around the conversation of home ownership with our family and friends. You’ve seen the headlines in the media and you’ve watched interest rates climb this year. So what is happening in the local Tacoma real estate market? Take a listen as Jenny sits down with Windermere Abode owner, Dave Jones, on the Inside Abode podcast
Are you able to purchase your next home between the months of October and February? If you can, you should. Buying in the Winter is more advantageous to buyers than one would think!
Is a reverse mortgage loan the right decision for you? A reverse mortgage allows senior homeowners an option to earn cash income from the equity of their home. This income can be in a lump sum, fixed monthly income or a combination of the two.
For homeowners and renters alike, keeping your energy bills down during the Fall and Winter months can be a focus. Thankfully, making small adjustments to your home and daily routines can result in huge savings that, (in the long run) have a large impact on your bank account. Here I will share with you simple tips to save money on your heating bill.
Small upfront investments can yield a much bigger payoff when you sell your home. We’ll work together to best showcase your home and help potential buyers see themselves living in it.
On the next sunny weekend, consider making time to get your home ready for the spring and summer months. Some of these “activities” aka chores, are not as fun as the others, but you’ll be more than happy you took the time to properly prep and de-winterize your most valuable asset: your home.
Local Real Estate Expert in Tacoma. I will provide you with a customized strategy and plan to succeed in your home selling and buying endeavors.
Learn more about me and how I can help you here.