A recession is defined as a period of at least two consecutive quarters in which the economy is in decline, but, as the National Bureau of Economic Activity notes, many factors can come into play, including Gross Domestic Product, Gross Domestic Income and the depth of economic activity decline. Therefore, recessions don’t always involve two […]

The housing market is forecast to stay strong in the 2020.  Low mortgages rates, which Redfin expects to hover around 3.8%, will likely invigorate the buyers’ market, leading to an increase in competition as the nation’s housing inventory continues to dwindle due to several factors including rising tenure length.  Overall, this means home buyers could have less home buying options, the […]

 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, which allows you to avoid paying capital gains taxes when you sell an investment property and reinvest the proceeds from the sale within certain time limits in a property or properties of like kind and equal or greater value.  This is […]