Build real estate wealth tax-free New book simplifies rules of property exchanges Whether you want to trade your rental house for another one, or you want to pyramid your real estate wealth without paying taxes along the way, “The 1031 Tax Advantage for Real Estate Investors” by Timothy S. Harris and Linda Monroe is the …
Monthly Archives: February 2007
Investors’ deals with developer lead to court [North Florida]
Investors’ deals with developer lead to court [North Florida] A Gainesville doctor took a second mortgage on his house to make a $100,000 business loan to Sarasota developer Rod Connelly. It seemed like a good deal: 18 months at 20 percent interest. Two years later, Robert Erickson and his wife had not seen a dime. …
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Reaping the Tax Benefits From Rental Property
Reaping the Tax Benefits From Rental Property One benefit of owning rental real estate is the myriad tax breaks. More deductions and tax-related strategies are available for this property than for just about any other type of investment. Not all owners, however, take full advantage of these allowances, either because they don’t know about them …
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Who’s to blame? Coast or CCI?
Business: Who’s to blame? Coast or CCI? Or both? Any way, it’s the investors who are left in housing debacle’s lurch. The Florida housing boom was creating instant millionaires when St. Petersburg builder Jesse Battle III hit on a promising formula to feed the public’s hunger for no-pain, all-gain real estate deals. Within 18 months, …
St. Petersburg-based firm sees opportunity in S. Florida shopping centers
St. Petersburg-based firm sees opportunity in S. Florida shopping centers There’s not much room to build shopping centers in South Florida. But one newcomer is squeezing its way into the crowded retail market with four new projects that aim to give local consumers convenient places to shop and do their dry cleaning and banking. The …
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Homeowners lose equity, title to foreclosure `rescuers’
Homeowners lose equity, title to foreclosure `rescuers’ After Ivan Eicher lost his job, he and his wife Delores fell several months behind on their house payments. Facing foreclosure, they accepted an offer from a company that promised to help them keep the home where they’d lived for more than 20 years. Without realizing what they …
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