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 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 Wealth with a College Condo
When a child is born, parents begin to wonder how they will pay for college in 18 years. As with any investment that grows, the sooner you get started, the better. Parents start to save for college a variety of ways. Maybe open a Colorado 529 account or buy a home designated as a college savings account. Once […]
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 […]
Fair Housing
The Fair Housing Act was passed in 1968. Every year since then, the National Association of Realtors® (NAR) has commemorated its passage with events and education that underscore the need to expand inclusion and learn more about housing discrimination and segregation. Fair Housing Month signifies a continued commitment by Realtors across our country to expand […]
Property assessments are coming!
On May 1, every property owner in Boulder County can expect to receive a notice for the newly assessed value of their property. (Photo: Pexels). This May Day, one thing every property owner in Boulder County can depend on is receiving is a newly assessed property value. Since 2023 is an odd numbered year, state statute […]
Increasing the velocity of your wealth with real estate depreciation
Depreciation of real estate is a tax concept designed to promote investment in real estate, thereby increasing the supply of housing. Bottom line, real estate depreciation can save you money at tax time, increasing the velocity of your real estate investment.(Photo: Pexels). In the U.S., real estate is known for appreciating over the long […]