Choosing the right house for your retirement years depends on several factors. Many people downsize to a smaller home, either because their economic situation demands it or because they don’t want to deal with the maintenance and upkeep of a larger home. Others move to be closer to the amenities they now have time to … Read more
This summer I’ve written three “Real Estate Investing” columns covering single family residential properties; duplexes, four-plexes and apartment complexes with fewer than five units; and larger apartment complexes (with up to sixteen units). I recently received a request to write a column on investing in commercial real estate, so here you go. Commercial property is … Read more
As the headline implies, this is the third column in a series about real estate investing. I started with single-family homes, moved to duplexes and four-plexes, and now I’m on to small apartment complexes (residential real estate with 5-12 units). Before I move on, however, I need to correct last week’s column. I said duplexes … Read more
Last week I shared information about investing in real estate, specifically purchasing a single-family home for use as a rental. This week, I’ll share why duplexes and four-plexes can be even better investments, if you have the funds. I’ll use a four-plex as my example. In Ukiah, you can purchase one for about $450,000 and … Read more
If you’re interested in investing, 1031 Exchanges are a wonderful, legal way to defer tax liability almost indefinitely. Sound good? Read on. As always, when I write about investing or tax implications of owning real estate, I am simply sharing my opinion. If you are thinking of investing or have questions about taxes with regard … Read more
If you are in the fortunate position of having a little money to invest, or if you are just curious about investing, here’s a bit on real estate as an investment. Before I get started, I’ll remind you that I am neither a financial advisor nor a tax professional. I am not advising any action; … Read more