Is Charleston’s real estate market really that stable?Yes…Charleston shows consistent real estate market stability due to strong in-migration, limited land supply, and a diversified economy that supports long-term property values. Introduction When people talk about Charleston real estate market stability,…
A Strategic Tax Tool for Residential and Commercial Real Estate Investors Wondering how Cost Segregation in the Charleston Area could dramatically reduce your tax burden increase your cash flow and accelerate portfolio growth?Cost Segregation allows you to accelerate depreciation on…
A Guide for Real Estate Investors Planning their Next Stages of Life How should real estate investment strategy change as investors reach their 60s, 70s, and 80s? Real estate investors often benefit from adjusting their real estate investment strategy as…
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…
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…
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…
Capital Gains Tax: The Wealth Destroyer What Are Capital Gains In Real Estate? Capital Gains In Real Estate occur when the profit you make from selling an asset, is more than your homes adjusted basis. The difference between the selling…