1031 Exchange By Jeff Riddell Although 1031 Exchange has been in the internal revenue code since 1921, the scope of its use in recent years is unprecedented. Originally an “out west” phenomenon, the use of 1031 Exchange has spread rapidly east in recent years. With all of the “unintentional millionaires” out there today, even the little guys [...]
Thursday, April 22, 2010
Seller Financing By Jeff Riddell It’s hard to get a mortgage these days. So, what’s a seller (and maybe the seller’s real estate agent) to do? Seller financing (sometimes called owner financing) may do the trick. Florida recognizes several approaches, each with its pros and cons. First there is the traditional seller carry-back mortgage. The buyer and seller sign [...]
Tuesday, March 30, 2010
Take Over The Payments By Jeff Riddell Unfortunately, many people would like to dump their properties even though they made substantial downpayments. Some use jingle mail (send the keys to the lender and walk away). There are consequences, however. Since the lender will still need to foreclose, the owner will still have a foreclosure on his record. [...]
Monday, March 1, 2010
1031 EXCHANGE By Jeff Riddell If there are taxes to be saved, a 1031 exchange should be considered as the exit strategy for any real estate that qualifies. Under the current rules the process is simple: Hire a qualified intermediary (QI) company and sign an exchange agreement, sell your relinquished property, escrow the proceeds with the QI [...]
Thursday, January 21, 2010
1031 Exchange Qualified Properties By Jeff Riddell Over the last several articles, we have covered real estate investing for various age groups, from youngest to oldest. One thing is common to all of the age groups: There will come a time when every real estate investor decides to dispose of his investment. If you don’t like to [...]
Tuesday, December 15, 2009
Seniors And Real Estate Investing By Jeff Riddell Last article, we discussed real estate investing for those folks in the 50-65 age range. Next is the 65-80 group—with due respect because I am one of them, I’ll call them seniors. If you are in this age bracket, it goes without saying that you should have started your [...]
Monday, November 23, 2009
Real Estate Investing For Baby Boomers By Jeff Riddell Last article, we discussed middle age real estate investing. Next is the 50-65 bracket—I’ll call them the baby boomers. In my opinion, this is the time to become more conservative in your real estate investing; and more diversified in your real estate holdings regardless of whether you are [...]
Tom Icard Speaks at Florida Construction Law Institute.
Sarasota attorney Tom Icard recently presented “Selecting, Preparing, Attacking and Defending Expert Witnesses” at the Third Annual Construction Law Institute of the Florida Bar in Orlando.
Brian Wood Sells New Estate Home In The Forest At Hi Hat Ranch.
Signature Sotheby’s International Realty announced Brian Wood’s recent sale of a new estate home at The Forest at Hi Hat Ranch, a private gated community in eastern Sarasota County.
September 9, 2010 REAL Magazine Evening Event.
Hosted by Linda Sloan of Prudential Palms Realty at International Artistic Stone's fabrication shop. Come enjoy an interactive evening of "old world" artisan stone work and experience the craftsmanship contained in 7300 Cove Terrace.
THE EVENT IS AT INTERNATIONAL ARTISTIC STONE NOT THE COVE TERRACE HOME, 6:00PM-9:00PM.
Wall Street Journal Ranks Stephen Pindel In Top 100.
Coldwell Banker Residential Real Estate announced that Stephen Pindel, a Sales Associate in the company's Fort Myers office ranks #81 among the nation’s top 100 agents and teams in closed sides and volume by the Wall Street Journal/REAL Trends Top 400 rankings for 2010.
Linda Gross Awarded The American Advertising Federation Silver Medal Award.
Linda Gross, owner of Advice Inc., was awarded the coveted Silver Medal Award by the American Advertising Federation - Suncoast at their recent meeting.
Glenda Philpot Receives SGMS Designation.
NRT Southeast LLC, Coldwell Banker’s Parent Company, announced that Glenda Philpot, Regional Vice President of Relocation, recently earned the SGMS (Senior Global Mobility Specialist) designation
Icard, Merrill, Et Al Awarded Outstanding Pro Bono Service Award.
The law firm of Icard, Merrill, Cullis, Timm, Furen & Ginsburg, PA., was named the 2010 recipient of the Outstanding Pro bono Service by a law Firm in Sarasota County Award.
Cracker Barrel Breakfast Best In 2010 Zagat Consumer Survey.
Head to one of the Cracker Barrel Old Country Store® locations in the Sarasota area for the best breakfast available at a full-service chain restaurant, according to the prestigious Zagat survey
Pamper Lounge Added To Cutting Loose Salon.
Since 2007 Cutting Loose Salon has catered to the area’s chic and sophisticated. Now the salon is reinventing itself to better serve guests while immersing them in luxury by offering new Pamper Lounge spa services.
Tuesday, June 1, 2010
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