Reduce Your Tax Exposure In A Real Estate Sale
I just finished reading an excellent article by David Fisher in the current edition of Open Fences Magazine on reducing your tax exposure when selling real estate. David talks about the smart use of Deferred Sales Trusts in conjunction with the four main ways to receive the proceeds from a real estate sale. Those being: cash out, 1031 exchange, owner …
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Buying Homeowner’s Insurance
In order to guard yourself from risk and certain liability, it is essential to invest in a homeowner’s insurance policy that will give you appropriate protection. Although such policies are not a requirement by law, any mortgage company will require this as a stipulation to receiving your next home loan. Types of Policies Several types of plans are available that …
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Raising a Family in Durango, Colorado
With its small town charm coupled with a wide variety of educational and recreational opportunities, Durango, CO, is the perfect place to raise a family. The city is home to the Durango School District 9-R, giving you multiple school options for your children. Whether you live in town or in rural La Plata County, the school district has several elementary …
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Fulfilling Employment Opportunities in Durango, CO
Whether you are a young single person just starting your career, an established professional, or parent relocating with your family, the Durango, CO, area provides a variety of exciting employment opportunities. In July 2011, La Plata County had an unemployment rate of 6.4 percent, well below the Colorado state rate of 8.5 percent and the national rate of 9.1 percent. …
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Buying A Rental For Your College Student
If your college student is getting ready to live off campus, buying a rental property or condo may be an option worth considering. Of course, with high rental costs and the opportunity to create a tax shelter for your hard earned money, this is a strategy many parents have found to be beneficial. An investment property is an excellent opportunity …
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Durango Ski Homes For Sale
Imagine a Colorado residence rising above some of the finest powder snow in the entire world. Durango ski homes are rare mountain retreats that can place you mere steps away from unforgettable snow-capped views and vertical drop experiences. Close to high-speed lifts, these properties leave you minutes away from peak heights from where you can sail down vast acres of …
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Why Own A Vacation Home Or Rental In Durango?
Durango is known for its laid-back people, unique cultural heritage, and most of all, sweeping panoramic views of the mountains. This appeal makes Durango a prime spot for people from all over the world. If you enjoy spending time in Durango, you may want to consider investing in a vacation home. Here’s why: Outdoor Recreation Given the beautiful scenery in …
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Thinking Abount Going The FSBO Route? Consider This First.
If you’re looking to sell your home in the near future, you may feel inclined to list it as a For Sale By Owner (FSBO) before working with a Realtor. For many, this is considered one good way to cut back on costs and possibly earn a little more profit on the sale. However, there are certain aspects you may …
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Getting A Fair Price On Your Home Purchase
One of the most important aspects to buying a home in Durango, Colorado is to ensure that you purchase for a fair price. Since there are certain key steps that you must follow in order to make a sound decision, it pays to have a knowledgeable Realtor on your side who will be able to help obtain the best and …
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Sell Your Home Fast
Selling your home fast doesn’t have to be an impossible endeavor. In fact, even in today’s market you can still command a very reasonable price on your home within 90 days or less. And if you follow some proven steps that we’ll outline below, your turn around time could be much faster than expected. There may be various reasons that …
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