Posts Categorized: Accounting

Get Your 1031 Exchange Done Sooner, Not Later

Get Your 1031 Exchange Done Sooner, Not Later

Now may be the time to get your 1031 exchange completed. A recent proposal in Congress may make it more difficult to complete in the future. 1031 Exchange Proposal Capital gains taxes can cut into profits for many modern businesses. Section 1031 of the Internal Revenue Service (IRS) code allows companies and consumers to defer… Read more »

Real Estate Hacking Scam Highlights Need to Protect Personal Information

Real Estate Hacking Scam Highlights Need to Protect Personal Information

A Dubuque, Iowa, Realtor® has found herself at the center of a serious real estate hacking incident that has threatened her reputation and caused issues for other real estate agents. A blog published by the National Association of Realtors® details the email scam implemented by hackers using the name of Realtor® Sue Dietz. Real Estate Hacking Targets… Read more »

Home Renovation Trends: What Real Estate Professionals Should Know

Home Renovation Trends: What Real Estate Professionals Should Know

In years past, the typical homebuyer displayed a marked preference for move-in-ready properties instead of fixer-uppers — but that may be changing. A recent article on Realtor.com examines the phenomenon of the home improvement project “that never ends,” with buyers increasingly choosing to tweak, personalize and perfect every inch of their new residence over a… Read more »

CFPB Considers Crackdown on Arbitration Clauses: What You Should Know

CFPB Considers Crackdown on Arbitration Clauses: What You Should Know

A proposed Consumer Financial Protection Bureau (CFPB) ruling that would give consumers greater power to sue banks, credit companies, and other financial organizations has drawn heavy criticism from the lending sector. The ruling, projected to go into effect early next year after approval and comments, would bar financial organizations from including clauses that block signing… Read more »

Online Reviews: 3 Reasons Real Estate Agents Need to Stop Making Excuses and Take Control

Online Reviews: 3 Reasons Real Estate Agents Need to Stop Making Excuses and Take Control

Earning a steady stream of positive online reviews is an effective way to build a successful brand as a real estate professional. Despite countless reports detailing the importance of developing and maintaining a strong online reputation, far too many agents still have yet to embrace the necessity of managing reviews. Today’s real estate professionals are… Read more »

A Surprising Factor Dragging Home Ownership Down

A Surprising Factor Dragging Home Ownership Down

There is a growing fear that student loans are dragging down the housing market. Even some of the nation’s most influential economic minds, including Joe Stiglitz and Larry Summers, have made the connection between student debt and the decreasing homeownership rates among young people. Concern has led some to propose an easing of loan burdens… Read more »

A Divide that Defines Real Estate Prices in America’s Cities

A Divide that Defines Real Estate Prices in America’s Cities

There is a growing divide between the American cities that are growing and remaining affordable and those that are unable to grow and, thus, are becoming increasingly expensive. On the whole, U.S. metropolitan areas are growing rapidly, a trend that has remained constant over the past 60 years. According to research conducted by BuildZoom, from… Read more »