Residential Real Estate Investments

A look at issues affecting residential investment properties.

Found 7 blog entries about Residential Real Estate Investments.

How to Invest in Real EstateReal estate investments done right can be lucrative and rewarding. For someone who is thinking about getting involved and building a portfolio, it's important to know about the different types of investment, including the pros and cons of each. Having a good understanding of the different types of real estate investment can help you decide what real estate investment right for you.

Residential Real Estate

Residential real estate is the type of real estate that involves single family and multi-family properties, including duplexes and triplexes. The most common type of residential real estate is single family homes. Single family properties tend to have the greatest number of buyers and are the easiest to market to the general population.

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What to Know About the Capital Gains TaxUnder the federal tax code, citizens are expected to pay taxes not only on earned wages, but also on money made through investment and other types of financial activity. Until 1997, even money resulting from the profitable sale of a personal home was subject to capital gains tax, although there were some ways to lessen or eliminate the tax burden. There was also a potential exclusion of $125,000, but it involved detailed record-keeping and represented a lifetime limit that applied only to sellers aged 55 and over.

The Tax Exclusion Law of 1997 changed all that. For the past 20 years, for the majority of home sellers, any money realized from a home sale has been exempt from federal capital gains tax. However, if you have lived in a home for 30

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Sell Your HomeResidential Real estate Investments are still regarded as one of the best vehicles to grow personal net worth.  Today's interest rates are at historical lows.  

If you can afford to buy your new home without selling the current home, renting may produce a better long term result than selling.  This is especially true if you are in an area where home values are expected to appreciate over the next several years.

I asked  Jake Durtschi, the owner of Jacob Grant Property Management  for advice.  This was his response -

Thank you for reaching out!  These are a few questions I would ask --myself if I was considering renting vs selling.

  • Acting like a homeowner includes connecting emotionally with your home:
    -making improvements to maximize
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National headlines have switched from "Foreclosures" and "Short Sales" to "Rising Home Prices".  Las Vegas was one of the hardest hit Time To Invest in Las Vegas Real Estatewith the housing crisis, but even here prices are up.  Rising prices make some investors wonder if they have missed the boat.  Even traditional home buyers wonder if prices will go down. They ask,

Is it still a good time to buy a home?"

National home prices have been rising for over a year. Most experts feel the bottom of the market is behind us.  The lowest median price for a home in Las Vegas was $118K in January 2012.  In July 2014 it reached $200K.  Still below the June 2006 high of $315K. Many home owners have asked if the homes they bought at the peak will ever be worth what they paid.  We experienced a smaller

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Ready to Buy or Sell Investment Property?

1031 Exchange for Residential Properties1031 exchanges, are also known as "Deferred exchanges" or a "Starker exchange".  These exchanges do not avoid taxes but can defer them as long as certain criteria and time frames are met.

What types of residential properties qualify?

Property must be an investment property, not your primary residence or second home.  If it was your primary residence, you have to convert it to a rental property for at least two years before it will qualify for a 1031 exchange.  A vacation home has to be rented out for at least six months to a year before it can qualify.  And, it should truly be rented.  You can't just say you tried to rent it.

Minimum time frames must be met.  An owner occupied residence must be rented

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Investment properties in Las Vegas have been a driving force behind the high volume of homes that have sold over the past few years. The private investors who have purchased Las Vegas Residential Properties have stimulated the local economy as they've improved the homes they purchased.

The typical investor in today's market pays cash or at a minimum puts a sizable down payment into the purchase.  Lenders typically require investment properties to have a 20-30% down payment.  Slightly over half the home purchases in Las Vegas have been cash transactions over the past year.  This is a far cry from the investors who used 100% financing to put together a portfolio of properties at the peak of the market.

After purchasing the foreclosed or short sale

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In today's Wall Street Journal, Fed Chief Ben Bernanke is urging Congress to take additional steps to hel[p the housing market.  I try to avoid getting political in my blog posts, and I do support Bernanke's view that the lending standards are choking our recovery.  However, I disagree with the suggestion that our government get involved in the rental market.  For most of the past year, at least half the homes purchased in Las Vegas have been cash purchases.  Many of those purchases are investors who are snapping up foreclosures and short sales to turn them into rental properties.  For the government to start competing with private investors who are risking their own money in converting these properties into rentals would be competing with the very

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