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All About 1031 Exchanges

All About 1031 Exchanges

A 1031 exchange, also known as a Starker exchange, is a tax-deferred swap of one investment property for another. The process is named after Section 1031 of the Internal Revenue Code, which governs it. A 1031 exchange can help you defer capital gains taxes on the sale of real estate. This guide explains. What is […]

Posted in: Sellers, Tips, Life Hacks & How-to Tagged: 1031 Exchange, Capital Gains, Capital Gains Tax, Taxes, Tips

Should You Buy a Duplex for Your Next Home?

Should You Buy a Duplex for Your Next Home?

If you’re thinking about buying a home in Sterling Heights or elsewhere in Macomb County, you may not have considered purchasing a duplex – but doing so could be a good investment. This guide explains the benefits of buying a duplex (not the least of which is generating passive income). Should You Buy a Duplex […]

Posted in: Buyers, Tips, Life Hacks & How-to Tagged: Buyers, Buying a Duplex, Buying a Home, Tips

Which of These Five Main Mortgage Types is Right for You?

Which of These Five Main Mortgage Types is Right for You?

When you’re buying a home, the mortgage you choose is a very important decision. There are five main types of mortgages, and each one has its own benefits and drawbacks. This guide will help you decide which type of mortgage is right for you. Which of These Five Main Mortgage Types is Right for You? […]

Posted in: Buyers, Mortgages, Tips, Life Hacks & How-to Tagged: Adjustable Rate Mortgages, ARMs, Buying a Home, FHA Loans, Financing, Fixed Rate Mortgages, Home Financing, Mortgages, Tips, USDA Loans, VA Loans

Can You Keep Your Earnest Money Deposit if a Real Estate Transaction Falls Through?

Can You Keep Your Earnest Money Deposit if a Real Estate Transaction Falls Through?

When you offer to buy a home, you usually put down an earnest money deposit. This guide explains what happens to that money if the transaction falls through. Can You Keep Your Earnest Money Deposit if a Real Estate Transaction Falls Through? Sometimes, if a real estate transaction falls through, the buyer forfeits their earnest […]

Posted in: Sellers Tagged: Earnest Money, Earnest Money Deposit, Good Faith Deposit, Tips

When Do You Have to Pay Capital Gains Tax on Real Estate?

When Do You Have to Pay Capital Gains Tax on Real Estate?

When you sell a home in Macomb County, you may have to pay capital gains tax on the profits. But when do you have to pay it? This guide explains everything you need to know about capital gains tax on real estate. What is Capital Gains Tax? Capital gains tax is a tax on the […]

Posted in: Sellers, Tips, Life Hacks & How-to Tagged: Capital Gains, Capital Gains Tax, Tax, Taxes, Tips

How to Stage a Small Kitchen to Sell Your Home

How to Stage a Small Kitchen to Sell Your Home

If you’re selling your home and your kitchen is on the small side, don’t worry – you can use these tips to help stage it effectively. By following these simple steps, you can make your kitchen look bigger and more inviting to potential buyers, which may help you sell faster and at a higher profit. […]

Posted in: Sellers, Staging, Tips, Life Hacks & How-to Tagged: Home Staging, How To, How to Stage a Small Kitchen, Kitchen Staging, Staging, Staging a Small Kitchen, Tips

5 Tips for Making Your Move Easier on Your Dog

5 Tips for Making Your Move Easier on Your Dog

Moving is hard enough on humans, but it can be even harder on dogs. They often become stressed and anxious during the process, which can lead to all sorts of problems. Here are five tips for making your move easier on your dog. 5 Tips for Making Your Move Easier on Your Dog Check out […]

Posted in: Buyers, Pets, Sellers Tagged: How To, Moving With a Dog, Tips

10 Things to Do NOW if You’re Thinking About Selling Your Home

10 Things to Do NOW if You’re Thinking About Selling Your Home in Macomb County

  If you’re considering selling your home in Macomb County, check out the ten things you can do right now to make the whole process easier. 10 Things to Do NOW if You’re Thinking About Selling Your Home your real estate agent will walk through a series of tasks you should complete to make it […]

Posted in: Sellers, Tips, Life Hacks & How-to Tagged: How To, Selling Your Home, Tips

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