What is a 1031 Exchange?

If you’re thinking of selling a piece of property that could result in a big profit (and a big tax bill), a 1031 exchange could be a useful strategy to utilize your money without paying your taxes immediately! What is a 1031 exchange? A 1031 exchange, named after section 1031 of the U.S. Internal Revenue […]

Market Outlook 2022

We are just starting off the year and we seem to have a bit of a trend we can start looking at. The Federal Reserve has come out and mentioned that we are not in a transitory progression, but rather looking like we will raise rates at a quicker rate. On this second week ending, […]

Las Vegas Rental Market

One thing that the Las Vegas area has seen is an immense growth rate when it comes to our real estate market. Average home price has increased over 20% from October 2020 and the average price for a rental jumped 19.6%. This isn’t the statistic I want to focus on however… The alarming statistic is […]

Can I Sell My House After Bankruptcy?

If you can’t afford to pay your bills, bankruptcy can help you discharge your debts and start over. As soon as the bankruptcy case is closed, you can sell any of the assets you still own, including your home. However, selling your home after bankruptcy may be problematic if you plan to by a new […]

Inflation In The US

Many Americans have been feeling the supply chain issues and have even seen the costs of almost everything go higher and higher at an accelerated rate. Housing has also inflated much faster than in most years and Nevada has surpassed its peak value in homes from record highs around 2006. The median sales price in […]

Economy Data May Suggest Inflation

The real estate division in Nevada is super strict when it comes to licensed real estate agents talking about finances or anything outside our scope of expertise. So I will start by giving a bit of my background as well as with the message: “THIS IS NOT FINANCIAL ADVISE AND I ENCOURAGE YOU TO DO […]