The amount of college graduates entering the workforce with substantial debt has never been higher. In fact, student debt levels are so high they are surpassing total mortgage debt in the US. Even if you are one of the millions of students beginning your new career with debt the amount of a home, you’d be surprised to find out that home ownership is still within your reach! In the first half of today’s podcast Joe and Mike explain how student loans affect your ability to finance a house.
Death and taxes. While neither are avoidable, one of these is deferrable. Since capital gains laws were written real estate prices have skyrocketed posing a problem for consumers looking to sell their property, but not willing to accept the house tax hit that would come with it. The 1031 Exchange is a great tax deferral tool that can be used for personal residences and investment properties. Listen in to find out how the 1031 Exchange works!
If you wish to contact Joe Cucchiara email him at Joe@RERadioLive.com, call (408)-838-9060 or simply visit www.RERadioLive.com. We also provide additional information to help you make smart decisions in and around your real estate venture.
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