Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Dawn, a proven Northwest Houston, Cypress and Harris County, Texas NUMBER1EXPERT™ Top Selling real estate agent. Find Northwest Houston, Cypress and Harris County Homes - Find Northwest Houston, Cypress and Harris County, Texas real estate listings & homes for sale provided by Dawn, your local expert real estate agent. For Home Buyers - Get home buying information, the latest listings, mortgage informaiton, expert advice, and much more from Dawn, a proven Northwest Houston, Cypress and Harris County, Texas NUMBER1EXPERT™ Top Selling real estate agent. For Home Sellers - Get home selling information, fsbo information, expert advice, find out what your home and other homes in your neighborhood are selling for, and much more from Dawn, a proven Northwest Houston, Cypress and Harris County, Texas NUMBER1EXPERT™ Top Selling real estate agent. Northwest Houston, Cypress and Harris County Information - Find local information on Northwest Houston, Cypress and Harris County, Texas including schools reports, local maps and links, things to do, area photos, and relocation information. Local information provided by Dawn, a proven NUMBER1EXPERT™ Top Selling real estate agent. Real Estate Resources - Find real estate related resources including real estate news, tips, dictionary, trivia, mortgage calculators and information, local real estate related services, and much more from Dawn, a proven Northwest Houston, Cypress and Harris County, Texas NUMBER1EXPERT™ Top Selling real estate agent. About Dawn - Information about Dawn including testimonials, guarantees, credentials, and contact information. Learn why Dawn is a proven Northwest Houston, Cypress and Harris County, Texas NUMBER1EXPERT™ Top Selling real estate agent.
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
Investment Real Estate >Investment Property Exchanges
When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.
When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.
It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.
|
|
| Q |
Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?
|
| A |
The former estate of John Lennon in Palm Beach has two pools plus guest quarters. |
 See More Real Estate Trivia > |
|
|
|
- NUMBER1EXPERT™ 
