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1031 Exchange And Tenancy-In-Common: Seeking The Right Advisor To Achieve TIC Investment Objectives
A long-established section in the federal tax code, section 1031, allows real estate investors to sell property that has been held for investment purposes and defer capital gains and depreciation recapture taxes if they acquire "like-kind" exchange...
3 Mistakes To Absolutely Avoid In A 1031/TIC Exchange
We've all made bad decisions in the past. Don't you just hate to hear "I told you so" from your friends and family? Or, maybe you catch yourself saying "If only I'd have..."?
Personally, I'm one of those people who prefers to learn from someone...
Home Sellers: A Warning About Attachments
Before you list you home for sale, determine what you don't want to leave behind.
Our friends sold their home for full price and moved out a few days before closing.
The next day they received an angry call from the selling agent telling them...
Real Estate Investing And Goal Setting
What is the primary reason for success most people have that seems to elude unsuccessful people? Goal setting is the primary reason for success. Lack of proper planning is the number one reason for failure. Proper goal setting involves setting a...
Wyoming Real Estate – Wide Open Spaces
If you’re tired of living in close quarters, Wyoming may be the answer for you. Wyoming real estate is also appreciating at a nice pace.
Wyoming
Wyoming is the least populated state in the United States, but also one of the most beautiful if...
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Real Estate - Blessing To The Economy
Real Estate is a real blessing to the economic growth of any country. It contributes about 30% to Indian GDP both directly and directly. The last five years has shown a great rise in the real estate business. Real Estate in places like Chandigarh, panchkula, mohali has shown a tremendous growth. Real estate has a direct linkage to various other industries like steel, wood, cement etc.The growth in real estate means a simultaneous growth in all these above mentioned sectors which leads to the complete growth of the community which extends to the country as a whole. Real estate also has indirect influence on the other very important sectors like travel and tourism, infrastructure, trade and heritage of that area. Today big companies like wipro, infosys, IBM etc are expanding their business round the globe and the favorite destination these days in India is chandiagrh, mohali, panchkula in north India.
According to the tenth five year plan, there is a gap of 30 million units between the demand and supply of housing which is quite a big gap and bridging this gap requires the investment of around 1,75,000 crore.There is huge dwelling requirement in urban as well as rural areas. It is estimated 19 million homes are required in urban areas in India. No doubt there is boom in
real estate but the supply is still not meeting the demand. Various reforms need to be done in real estate business like there is a huge need in changing the regulations relating to land, validation, property taxes, validation of stamp duty structure etc.The real estate industry needs to be made a little disciplined. The environment needs to be created to establish real estate a good investment option. Government is taking steps to reform the industry but still needs a lot to be done. Government has shown its remarkable contribution by reducing home loan to almost half in the past five years.
Real estate no doubt has professional people but the number is very low which needs to be increased to see significant growth in the industry. The real estate industry needs to be more transparent and organized which is improved in the past few years but it still needs little more. But this industry has a great potential and will grow many folds in the coming years.
About the Author: For any further information:http://www.propertyvertical.com
Source: www.isnare.com
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