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Real estate investing has been a popular way to build wealth for a long time, but it can be complex and risky. Put this into perspective 80% of millionaires created their wealth with real estate.
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Colorado lawmakers are proposing changes to residential zoning to alleviate the worsening housing shortage and rising affordability concerns. The set of bills aims to overhaul Colorado’s zoning codes to encourage building in urban areas and eliminate hurdles that property owners face in adding more units to their properties.
Are you a real estate investor looking for ways to defer capital gains taxes? Then a 1031 exchange might be the answer. A 1031 exchange, also known as a like-kind exchange, allows investors to sell an investment property and use the proceeds to purchase another investment property without having to pay capital gains taxes on the sale.
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If you are considering investing in real estate, now is the time to do it. The current economic climate presents an excellent opportunity for real estate investment, with several factors contributing to a favorable market.