We have talked before about the drop and swap exchange and how it can be beneficial in certain like-kind exchange situations. In this article, we are going to explain the inverse of the drop and swap exchange – the swap and drop 1031 exchange. What Is a 1031 Swap and Drop? A swap and drop 1031 exchange […]

The tax benefits of real estate investing are attractive and investing with partners in an LLC is a popular way to grow your wealth with real estate, but partnerships entail certain challenges. When it comes time to sell and some of the partners want to take advantage of a 1031 exchange to continue growing their […]

You may not be aware, but fall is the best season to evaluate and begin restoring your lawn. Thanks to shorter days (less intense sunlight), cooler temperatures and wetter weather, the mild fall climate is ideal for putting in the lawn work that will pay dividends in the spring to achieve an enviable lawn. From […]

As recessionary fears grow, so do homeowner’s concerns about their homes value — especially considering what happened in the last major recession. A survey of economists by the Financial Times shows that 70% expect a recession sometime in 2023 — largely due to the Federal Reserves actions to tame skyrocketing inflation. A housing correction, though, […]

How Much Does it Cost to Sell a Home in Ohio Sellers in Ohio can expect to pay about 2.14% of their home’s final sale price in closing costs. For a $300,563 home — the median home sales price in Ohio — you’d pay around $6,432. Closing costs are the various fees and expenses incurred by […]

Mortgage rates have climbed to their highest level since 2008, pinching home buyers’ purchase power. The 30-year fixed-rate mortgage averaged 5.78% this week, far above its 2.93% average just one year ago. The Federal Reserve’s decision Wednesday to raise its key benchmark rate by the highest amount in 28 years sent shock waves through financial markets, including […]

The New Albany, Ohio Community Development Charge (CDC) was established for the benefit of the Community Authority, as a charge on each Chargeable Parcel within the Community District. The purpose of the CDC is to cover all or part of the cost of the acquisition, development, construction, operation and maintenance of land, Community Land Development […]

2021 was the busiest year for both new housing starts and existing home sales since 2006, putting additional pressure on the nation’s home builders to pick up the pace without sacrificing quality.  In the current market, home buyers face a myriad of stressors — from extreme competition to limited supply to rising mortgage rates. For many, a new construction […]