This could be yours!
Both the US government and the state of Oregon allow you to sell an investment property that you currently own, and buy another investment property that you would rather own....
If done properly, you could avoid the payment of both federal and state capital gains taxes until you later sell (rather than again exchange) the replacement property.
I have been in the real estate investment business for 35 years and over those years I have dealt with many different types of Realtors with varied levels of knowledge. Often these days many Realtors lack the depth of experience to adequately help increase my understanding of a project. I end up teaching them instead of the other way around. Bob and Rene ' have always made me feel comfortable with their level of expertise and their understanding of what needs to be done to get a sale to happen. Regardless of what the last thirty-five years have taught me, I normally feel that they will be able to help me see problems or solutions that I had not seen before. Over the years we have worked on tens of millions of dollars of projects and I believe everyone in the transactions went away feeling like they were involved in a win-win transaction. In my mind that is what a good Realtor is all about.
I look forward to continuing to work with the Nelsons in the future,
Chuck Shepard, CEO and founder, Umbrella Properties Inc.
Identify your investment needs;
provide a clear, concise picture of the current real estate market; and then,
help you with critical decisions with all the tools at hand. Once we have formed a client relationship, we are committed to serving your long term interests.
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