by Ted Farry | Nov 5, 2018 | 1031, Investing With Conatus 101, single family rental property
Cost Segregation Analysis Identifies and reclassifies personal property assets to shorten the depreciation time for taxation purposes, which reduces current income tax obligations. Personal property assets include a building’s non-structural elements, exterior land...
by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Closing Costs Closing Costs are expenses that buyers and sellers normally incur, over and above the price of the single family rental investment property or other property type, to complete a Real Estate transaction is considered Closing Costs. Potential costs...
by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Community Property All property acquired by a wife and husband during their marriage. Each spouse has a right to an equal interest in the property (Gifts and inheritances received by an individual spouse during the marriage are treated as separate property) Property...
by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Cooperation Clause Language to be included in the Purchase and Sale Contracts single family rental investment property or other property type for both relinquished and replacement property that indicates and discloses that the transaction is part of an intended...
by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Clear Title Title of single family rental investment property or other property type is considered clear when the title is without any kind of material lien or levy from creditors or other parties and poses no question as to its legal ownership. A title insurer will...