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 […]
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 […]
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? […]
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 […]
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 […]
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. […]
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 […]
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 […]
