Recent trends in the mortgage industry have now come up with a way for you to be able to get a home with zero down. This means that it has now become much easier to get the house of your dreams and not have to save for years in advance. It also applies to first-time home buyers, too. Here are some things you need to know about the zero down financing for your home.
Alternatives To High Risk Mortgage Refinancing
Most investors find themselves in a cash crunch at one time or another. Vacancies, renovations, changes in mortgage terms and interest rates, municipal fees and taxes, it can all add up.
Tax Haven Raises 2006 Entry Price
While Monaco is a well known European tax haven, Andorra has remained little known outside of the financial community – despite enjoying the same tax advantages and arguably more private banking than her better known rival.
In contrast to the similar financial benefits both Monaco and Andorra residents enjoy, the two small countries have quite different climates.
Monaco has good all year round weather and is located next to the French Riveria, while Andorra is in the P…
Time Requirements And Mechanics Of A Tax Exchange
The Exchangor has a maximum of 180 days from the closing of the relinquished property or the due date of that year’s tax return, whichever occurs first, to acquire the replacement property. This is called the Acquisition Period. The first 45 days of that period is called the Identification Period. During this 45 days, the Exchangor must identify the candidate or target property which will be used for replacement. The identification must:
– Be in writing,
– Signed by the E…
Types Of Tax Exchanges
Although the vast majority of exchanges occurring presently are delayed exchanges, let us briefly explain a few other exchanging alternatives.
Simultaneous Exchange
As mentioned previously, prior to Congress modifying the Internal Revenue Code as to exchanges and formally approving the concept of delayed exchanging, virtually all exchanges were of the simultaneous type. To qualify as a simultaneous exchange, both the relinquished property and the replacement property must…
What Is A Deferred 1031 Tax Exchange?
A tax deferred exchange represents a simple, strategic method for selling one qualifying property and the subsequent acquisition of another qualifying property within a specific time frame.
Although the logistics of selling one property and buying another are virtually identical to any standard sale and purchase scenario, an exchange is different because the entire transaction is memorialized as an exchange and not a sale. And it is this distinction between exchanging and …
10 Tips For Buy-To-Let Investment Success
The Buy-To-Let market place is booming. More and more people are investing in a second property as a long term investment plan. As attractive as the proposition sounds, there are a number of potential pitfalls that need to be taken into consideration. Use the steps below to ensure that your Buy-To-Let investment is a success.
Andorra Raises 2006 Entry Price
Andorra and Monaco are two European tax havens offering residency to people who want to live in a tax free environment, with Andorra the lower cost option.
But Andorra has just raised the cost of becoming a residentÂ…
What is Fractional Ownership
Many people ask “what is fractional ownership?” and the closely related question “Is it timeshare?”. In this article I will attempt to answer these questions. This article is concerned exclusively with the fractional ownership of leisure/luxury assets. However most of the principles would apply equally to the fractional ownership of a practical item (e.g. for business).
What Is the Best Color For Selling A Home?
Love at first sight is a concept that applies to the real estate market. So, what is the best house color to sell your home to a love struck buyer?
Where to Locate Potential Commercial Real Estate Deals
Locate commercial real estate deals!
Which Is A Better Real Estate Investing Strategy, Wholesaling (Flippnig) Or Rehabbing
This topic has been one of heated debate for quite some time now. You have the “Die Hard” Wholesalers, your Rehabbers, and Landlords that all feel that their strategy is the best.