1031 Rules A 1031 exchange is a tax-deferred transaction that allows real estate investors to sell one property and reinvest the proceeds into another property, thereby deferring capital gains taxes. However, the Biden administration has proposed significant changes to the 1031 exchange rules that aim to limit eligibility, increase tax rates and cap deferral amounts. […]

There are a few things to keep in mind when shopping for mortgage rates: Make sure you look at national and local lenders to find the best possible rates. Avoid applying for mortgages in multiple places as this can hurt your credit score. Instead, pull your credit report and get a keen picture of your […]

Each lender has its own method for analyzing a borrower’s creditworthiness. Most lenders use the five Cs—character, capacity, capital, collateral, and conditions—when analyzing individual or business credit applications. 1. Character Character, the first C, more specifically refers to credit history, which is a borrower’s reputation or track record for repaying debts. This information appears on the […]