by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Capital Gain or Loss The difference between the selling price of a single family rental investment property or other property (less selling cost) and its Adjusted Basis. Full Glossary If after learning a bit more about Capital Gains you are curious to see how your...
by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Broker Price Opinion (BPO) A valuation report used by lenders, investors, and Real Estate Agents to attribute value to a single family rental investment property or other type of property. The valuation analysis can be performed by a licensed appraiser, real estate...
by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Boot Non-like-kind property (cash or other property) given by one party to another party in a tax-deferred, like-kind exchange that is taxable. Single family rental investment property can be a great way to eliminate boot in larger transactions because of its lower...
by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Basis Point A basis point (BPS) is a unit that is equal to 1/100th of 1%, in other words one basis point is equal to 0.01%, similarly a 1% change is equal to a 100 basis point change. In single family rental investment property the difference between a change in 1...
by Ted Farry | Nov 4, 2018 | 1031, Investing With Conatus 101, single family rental property
Balanced Exchange A balanced exchange of single family rental investment property ensures that the taxpayer defers 100% of their taxes on capital gain and depreciation recapture. General requirements to achieve a balanced exchange: Acquire a replacement property that...
