Why Online Home Values Are Often Inaccurate…and What Sellers Should Know Instead If you’ve ever searched your home online, you’ve likely seen an instant home value pop up within seconds. These online estimates are convenient, widely used, and tempting to…
Yes, 1031 exchanges are still allowed in Charleston! Depending who is in charge of the government, eliminating the benefits of the 1031 exchange seem surface in tax reform discussions from time to time. But for now, the 1031 is safe…
Whether You Sell Now or Wait Whether you should sell your Charleston home in 2026 or wait depends on your personal goals, the condition of your property, and the current real estate market. With prices stable and buyer demand steady,…
What Properties Qualify For An Exchange Properties that qualify for a 1031 exchange in Charleston must be real estate held for investment or business use. These include rental homes, apartment buildings, commercial properties, and raw land. However, personal residences and…
If you’re frustrated, you’re not alone, but let’s cut through the noise and give you the real answer. Even though there are numerous things that are done to market and sell a home, there are only three main reasons a home doesn’t sell.
A Common Question…Can You Do a 1031 Exchange on a Second Home? In most cases, no. A second home counts as personal-use property, which does not qualify. Consequently, if you rent your second home, report the income, and follow the…
Is Doing a 1031 Exchange Really Worth It? For most Charleston investors, the answer is a resounding yes. A 1031 exchange is often worth it because it allows you to defer capital gains taxes when selling an investment property, keeping…
What does understanding cap rates mean for real estate investors? Understanding cap rates means knowing exactly how well your property performs compared to the market. A cap rate (capitalization rate) shows the relationship between a property’s net income and its…
How does a 1031 exchange work when selling property in Charleston, South Carolina? A 1031 exchange in Charleston allows you to defer capital gains taxes when selling an investment property, as long as you reinvest the proceeds into another qualifying…
How do I know what my house is worth before selling in Charleston? To know what your house is worth before selling in Charleston, review recent neighborhood sales, consider local market conditions, and schedule a professional home valuation with an…