Jon's Blog

What is a tax free or 1031 Exchange?A 1031 exchange, also known as a Starker Exchange, enables you to sell property and invest the proceeds into another without having to pay tax on the gain--you defer it.  And you can keep legally doing this over and over again.Reasons why people exchange invest...

When you sell a stock, you owe taxes on your gain (the difference between what you paid for the stock and what you sold it for). The same is true with selling a home (or a second home), but there are some special considerations.How to Calculate GainIn real estate, capital gains are based not on ...

Some people are just lousy at saving money, and a house is an automatic savings account. You accumulate savings in two ways. Every month, a portion of your payment goes toward the principal. Admittedly, in the early years of the mortgage, this is not much. Over time, however, it accelerates. Seco...