If you own your personal residence in Colorado, you have probably noticed that your recent tax assessment increased by a large percentage. If you are planning to sell your home in the near future, the increased appreciation will result in the likelihood that you have a large capital gain tax bill to pay. The Taxpayer […]
Increasing the velocity of wealth with a vacation home
Owning a second home in the mountains or on the beach can be a wonderful experience. However, in most cases, it can be more of a liability rather than an asset. An asset is something you own that creates cash flow for you. In the case of a vacation home, especially if you leave it […]
Increasing the velocity of your Real Estate with a Reverse Exchange
Real Estate Exchanges have been the main stay of building real estate portfolios for years. The main reason for the popularity of Exchanges is it allows you to trade one real estate investment for another, while deferring taxes on that transaction. This enables a more rapid increase in portfolio size, since more equity can be applied to the […]
June is Home Ownership Month! Home Ownership Matters!
In 2023, Homeownership is more important to the individual than ever before in America. We live in a world with pressures to rent everything and love it. Think about it! We can rent a scooter to get around, we can use an app to get a car ride, we can rent a first-time apartment and […]
Increasing the Velocity of Wealth with a College Condo
When a child is born, parents begin to wonder how they will pay for college in 18 years. As with any investment that grows, the sooner you get started, the better. Parents start to save for college a variety of ways. Maybe open a Colorado 529 account or buy a home designated as a college savings account. Once […]
May is Archaeology and Historic Preservation Month in Boulder CO
Boulder, Colorado has a very rich history and is well known for the desire of its citizens to preserve certain aspects of that history. In 1974, the City of Boulder created a Historic Preservation program after a citizen -driven effort to recognize and protect buildings and sites important to Boulder’s history. Initially, there were 5 individual landmarks […]
Fair Housing
The Fair Housing Act was passed in 1968. Every year since then, the National Association of Realtors® (NAR) has commemorated its passage with events and education that underscore the need to expand inclusion and learn more about housing discrimination and segregation. Fair Housing Month signifies a continued commitment by Realtors across our country to expand […]
Increasing the Velocity of your wealth by transferring your investment from Single family to multi-family homes
Investing in single family homes is a great way to get started in investing in real estate. Once you build some equity in those investments, it might not be a bad idea to look at transferring that equity into multi-unit buildings. Doing so, will increase the velocity of your real estate investment. The first reason […]
Increasing the velocity of your money with home equity management
Home prices have increased across the country since the end of the recession in 2012, through the COVID-19 pandemic, and now continuing in 2023. Colorado and the Front Range have seen even more appreciation than the national average. Huge increases in home equity and low-interest rates make it very tempting to pull equity out of […]
More on increasing the velocity of your money by using Your IRA to Invest in Real Estate
(Photo: Pexels). Retirement plans such as IRAs, SEPs, and 401ks are often thought of as limited to investments in stocks or mutual funds. However, if you open a self-directed IRA account (SDIRA), your retirement plan can hold real estate as well as real-estate related investments, such as notes. Anyone can use their retirement plan to […]