Asheville Homes and LAND!- The Keep In Touch Blog

head_left_image

INVESTMENT PROPERTIES & THE 1031 EXCHANGE

INVESTMENT PROPERTIES-Wise investments for today and tomorrow and the beauty bonus of Asheville area real land, waterfall and asheville area 1031 investmentestate investments.

Investing in Asheville area real estate including investing via the 1031 Exchange ( 1031 Like Kind Exchange) has worked for my real estate clients.

Investments might include  an  Asheville area 1031 Exchangesuch as an equestrian property by pastoral Mars Hill, North Carolina for a duplex located in Asheville.  Or look at this gorgeous cascade(see photo) that lives on acreage available in a 1031 exchange. Or consider a horse farm or farmland exchanged for a residential property that is rented. Note:  It is wise to seek the counsel of your attorney and CPA while locating replacement properties. 

An Asheville area real estate investment could also be what is referred to as a   Deferred Exchange-occurring when the property received in the exchange is not received at the same time as the transfer of the property given up. For a deferred exchange to qualify as Like Kind, Asheville real estate investors must comply with the 45-day written notice and receipt requirements. Note: It is wise to seek the expertise of a Qualified Intermediary - the person or entity that under the regulations enters into a written exchange agreement to help facilitate an exchange.

ASHEVILLE REAL ESTATE AND THE HUNT FOR THE REPLACEMENT PROPERTY

The hills and mountains here in the Asheville area are full of special treasures. Once we locate the investment that works for you,  your replacement property, having identified up to three (3) properties where the total fair market value does not exceed 200% of the fair market value of what you are relinquishing, the hunt can be productive. A general rule you may choose to consider is that the replacement property should be equal or greater in value, debt, and equity, and if your replacement property is less than you may well have a tax liability on the difference.

__~o
 -\_<,                                       
(*)/'(*)
  _______________________Asheville NC Real Estate Journal. " We are on the roll  for   innovation."  Tell Us What is Most Important to YOU! http://www.janeanne.com/ Unauthorized reproduction of any information including photos  on this site is a violation of existing copyright laws. All rights reserved. Eco-Friendly Mountain Homes and Land Legacies-Asheville NC Real Estate  © 2010.

_____________________________________________________________________________________

 

 

True Guide to AGING IN PALACE eBooklet Becomes Amazon Best Seller

 
Your Home for Today and Tomorrow- Smart UP-Fitting
GO HERE - for Tips & Talking Points.
 Home Decorating, New Space Design

 

Aging in PaLACE eBooklet

 

"Helpful starting points for talking about and designing
a functional and BEAUTIFUL lifelong home."

 

Asheville NC Real Estate Journal for RESOPURCES & REFERRALS -Mountain Homes and Land Legacies- Asheville 1031 Realty© 2014.  Designations: NAR GREEN®, EcoBroker®, Eco Certified ®Real Estate Consultant, ePRO®. Unauthorized reproduction of any information including photos and graphics on this site is a violation of existing copyright laws.  All rights reserved.

he Necessary Disclaimer! We disclaim liability for damages or losses, direct or indirect that may result from use of or reliance on, information contained in the blog or for accuracy of comments or opinions of visitors to our blogs.

 

DAILY  ASHEVILLE AREA NEWS YOU CAN USE 


* INFORMED CHOICES* THOUGHTFUL ADVICE* DATA INTERPRETATION*
-Tell us what is most important to you-
 Email me janeAnne@janeAnne.com  or give a call at: 828-776-0779

LIC #:209970

Comments

This blog does not allow anonymous comments