Your financial professionals can help you decide if you want your mortgage loan paid off at retirement or if any of these other ideas work for you. (Photo: Pexels). At first thought, it would seem to make sense – why not have your house free and clear and have no house payments in retirement? If […]
Duane's Timely Topics
Duane's compilation of the most relevant topics to real estate today in Boulder.
Increasing the velocity of real estate wealth by limiting capital gains taxes
If you own your personal residence in Colorado, you have probably noticed that your recent tax assessment increased by a large percentage. If you are planning to sell your home in the near future, the increased appreciation will result in the likelihood that you have a large capital gain tax bill to pay. The Taxpayer […]
Increasing the velocity of wealth with a vacation home
Owning a second home in the mountains or on the beach can be a wonderful experience. However, in most cases, it can be more of a liability rather than an asset. An asset is something you own that creates cash flow for you. In the case of a vacation home, especially if you leave it […]
Increasing the velocity of your Real Estate with a Reverse Exchange
Real Estate Exchanges have been the main stay of building real estate portfolios for years. The main reason for the popularity of Exchanges is it allows you to trade one real estate investment for another, while deferring taxes on that transaction. This enables a more rapid increase in portfolio size, since more equity can be applied to the […]
Increasing the velocity of wealth with a college condo, Part 2
In my last article, Part 1 of “Increasing the Velocity of Wealth With a College Condo,” I discussed how purchasing a condo or house for your child to live in while attending college can be a worthwhile investment and can provide financial benefits and other advantages for your college student. As you evaluate this decision, […]
June is Home Ownership Month! Home Ownership Matters!
In 2023, Homeownership is more important to the individual than ever before in America. We live in a world with pressures to rent everything and love it. Think about it! We can rent a scooter to get around, we can use an app to get a car ride, we can rent a first-time apartment and […]
Wildfire Awareness
12 Every May in Colorado is Wildfire Awareness Month. However, this year, the month of May kicked off with a new public outreach campaign entitled, “Live Wildfire Ready”. Every May in Colorado is Wildfire Awareness Month. However, this year, the month of May kicked off with a new public outreach campaign entitled, “Live Wildfire […]
Increasing the Velocity of Value in an apartment building with income multipliers
The Value of an apartment building is based on income produced by the property. Once you know the income of the building, you use either the Gross Rent Multiplier or the Capitalization Rate to determine value of the building The multiplier number is determined by the market. In other words, what are investors paying for income streams from […]
May is Archaeology and Historic Preservation Month in Boulder CO
Boulder, Colorado has a very rich history and is well known for the desire of its citizens to preserve certain aspects of that history. In 1974, the City of Boulder created a Historic Preservation program after a citizen -driven effort to recognize and protect buildings and sites important to Boulder’s history. Initially, there were 5 individual landmarks […]
Increasing the Velocity of your wealth by transferring your investment from Single family to multi-family homes
Investing in single family homes is a great way to get started in investing in real estate. Once you build some equity in those investments, it might not be a bad idea to look at transferring that equity into multi-unit buildings. Doing so, will increase the velocity of your real estate investment. The first reason […]