Boca Raton Real Estate CommunitiesLooking for luxury home communities in Boca Raton? Use our site to view all the best Boca Raton communities. |
| 9858 Clint Moore Road, Boca Raton, FL 33496 | Caesar: (561) 715-8630 or Eileen: (561) 271-1311 |
|
 |
 |
 |
 |
|||||
|
 |
|||||||
| Luxury Communities Waterfront Communities Country Club Communities Neighborhood Communities |
 |
|
Real estate investors smile at tax time
"Why buy real estate in a flat market?" That is the essence of a question my airline seatmate asked me after he learned I invest in and write about real estate. But rather than answer his question directly, I asked him, "Do you own your home?" "Of course," he replied. Then I followed up by asking him the benefits of owning his home. As I recall, he listed security, pride of ownership, tax savings, market-value appreciation, building equity, investment safety, no rent increases, and perhaps a few I forgot. My seatmate then asked me if I thought he and his wife should sell a rental house they own in Arizona. They seem to be having problems keeping it occupied by reliable renters since it is about 1,000 miles from their primary residence. But then he quickly added, "Our problem, if we sell, is we would owe tax on at least $75,000 of profit." Although I pointed out the current low federal long-term capital gain tax is a maximum of only 15 percent, my new friend seemed highly adverse to paying taxes. So I suggested he make a tax-deferred exchange for a rental house close to his residence so he can better manage it. Looking for a condo in Atlantic Grove? Realtor® Caesar Parisi is ready to help you buy your dream property. click here for article |
|
|
||
|
||
|
Boca Raton Real Estate - Buyers - Sellers - Location - Boca Information
Search MLS - Featured Properties - Email Updates - Customer Login - Home Valuation
Communities : Luxury Homes - Neighborhood Communities - Country Clubs - Waterfront Communities
About Us - Contact Us - Resources - Real Estate News - Boca Raton Real Estate
