SIGN UP CUSTOMER LOGIN

Posts from January 2024

Blog

Subscribe and receive email notifications of new blog posts.




January
29

Reprinted from: Keeping Current Matters

Have you ever heard the term "Silver Tsunami" and wondered what it's all about? If so, that might be because there's been lot of talk about it online recently. Let's dive into what it is and why it won't drastically impact the housing market.

What Does Silver Tsunami Mean?

A recent article fromHousingWire calls it:

". . . a colloquialism referring to aging Americans changing their hous...

Click Here to Read More...

January
29

January 29, 2024

In today's digital age, safeguarding your personal information is paramount. One crucial step you can take to protect yourself from identity theft and fraud is to freeze your credit. Freezing your credit restricts access to your credit report, making it much harder for unauthorized individuals to open new accounts or lines of credit in your name. In this blog post, we'll explore the significant benefits of freezing your credit and provide you with step-by-step instructions, along with website links to the major credit bureaus, to help you take this important financial security measure.

The Benefits of Freezing Your Credit

  1. Identity Theft Prevention: The primary benefit of freezing your credit is that it greatly reduces the risk of identity theft. When your credit is frozen, creditors and lenders cannot access your credit report, which means they won't approve new credit applications wit...

Click Here to Read More...

January
22

January 22, 2024

A 1031 Exchange, named after Section 1031 of the Internal Revenue Code in the United States, allows for the exchange of like-kind properties while deferring the payment of capital gains taxes. Here are some key facts to know about 1031 Exchanges:

  1. Like-Kind Property Requirement:

    • The properties involved in the exchange must be of like kind, but this term is broadly defined. For example, you can exchange a residential property for a commercial property.
  2. Qualified Intermediary (QI):

    • To ensure the transaction qualifies for 1031 treatment, a Qualified Intermediary must be used. The QI holds the funds from the sale of the relinquished property and facilitates the acquisition of the replacement property.
  3. 45-Day Identification Period:

    • The exchanger must identify potential...

Click Here to Read More...

Login to my Baird & Warner account

Pixel