RE/MAX Desert Showcase 14155 N. 83rd Avenue Suite 120 Peoria, AZ 85381
Investment Information
Ready to Make the Investment? Ready to invest in the Phoenix Arizona real estate market? Call me at 602-502-9693 or e-mail me at info@daltonsazhomes.com to discuss the numerous opportunities currently available in Maricopa County. From townhouses to vacant land, residential rental to multi-family housing, I can help you find an investment property that fits your needs and walk you through the process of purchasing investment real estate from a distance. Just Browsing? Let me save you some time. Call me at 602-502-9693 or e-mail me at info@daltonsazhomes.com and I'll set you up for regular e-mail updates of properties that match your investment criteria. Forget the dorms!! Isn't college expensive enough without the added expense of your child living at a Residence Hall? At Arizona State University, the cost of a residence hall runs as high as $5,000 for a single academic year! Instead of writing yet another check to the university system, invest in your child and yourself with a so-called Kiddie Condo! Here are the basics:
Invest in a townhome, condo or home near campus using the residence hall money as your initial investment.
Rent the extra bedroom or bedrooms to one or two or your child's friends; their monthly rent pays for your monthly mortgage
As your child progresses through college, you both build equity and realize tax advantages for owning a rental property
Again, those are just the basics. Kiddie Condos also can be used to help establish your child's credit and to help them build equity in their future. For more information, use the "Contact Jonathan" button on the left or e-mail me directly at info@daltonsazhomes.com and I will send you a free brochure with more details on how you can get started today! Thinking about a 1031 Exchange? So, what exactly is a 1031 exchange? In short, it's a method of deferring capital gains realized on real estate by rolling the proceeds from an investment sale into a new investment. A 1031 Exchange refers to Section 1031 of the IRS code which covers the exchange of real property held for investment:
No gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held either for productive use in a trade or business or for investment.
- Section 1031(a)(1) IRS Code
In a typical sale of investment property the owner can be taxed on any capital gains realized by the sale. However the 1031 exchange allows an investor to defer payment of captial gains tax by disposing of one investment property and exchanging into another without incurring immediate tax liability. Thus, the earning power of the tax deferred dollars continues to work for the investor through the new investment property.
The 1031 exchange is an excellent tool for any investor seeking to preserve, create and build wealth through real estate investment. More detailed information about 1031 Exchanges is available in Section 1031 of the IRS code.
What, you may ask, is like property? For purposes of a 1031 Exchange, any exchange of real property for real property is a like-kind exchange. A residential investment property can be swapped for another residential home, raw land or even commercial or industrial real property under Section 1031. In addition, an investor can exchange one large investment property for several smaller investment opportunities.
Want to read more about 1031 exchanges? Click here for an article outlining the seven steps toward a successful 1031 Exchange!
For additional information on 1031 Exchanges, use the "Contact Jonathan" button on the left or e-mail me directly at info@daltonsazhomes.com and I'll answer your questions!
Maricopa County/Phoenix Area Home Sales
Below are the Phoenix real estate sales reports, courtesy of the Arizona Regional Multiple Listing Service. All of the reports are in PDF format for easy viewing.
