Build | Protect | Transfer
Real Estate Wealth
Imagine How Simple it Can Be With The Right Plan!
Make Informed Financial Decisions by Measuring Performance
What To Know When Measuring Performance of Your Investment Properties
Run an Asset Performance Test
The Asset Performance Test is a calculation that helps you understand the relationship between the money that is coming in from your property and the value of the asset.
Based on the asset you are measuring, either a Cash on Cash return or Cap Rate may be used.
This gives a baseline when considering better performing investments that meet your objectives.
Look For Higher Performing Properties
Savvy investor are always on the lookout to maximize their investment dollars. The asset performance test can be used to make a financial comparison between multiple properties. Understanding the returns for each of your investment properties enable you to decide quickly when better opportunities arise.
The Impacts of Capital Gains Taxes
Capital Gains Taxes are one of the greatest obstacles to meeting your investment objectives and generating wealth for generations. Executing a 1031 exchange enables you to defer some all of the capital gains taxes associated with the sale of a relinquished property. Through a 1031 Exchange allows investors to sell one or more investment properties and buy one or more "like-kind" properties that better meet their investing objectives. Understanding the opportunities a 1031 exchange presents and the strict rules around executing an exchange are keys to avoiding an unexpected tax bill.
Consider Other Asset types
A 1031 Exchange allows you to exchange your properties for properties that meet the definition of "Like Kind". The list of like kind properties include single family homes, multi-family housing, commercial buildings and other asset types. When considering maximizing your investment returns, consider other opportunities. Along with your tax advisor, we will help you understand the investment opportunities and structure a real estate plan based on your specific objectives.
Other Factors to consider
Investment returns are one factor that can guide your decision to retain your current investment portfolio or exchange into another. Factors such as the location, your time commitment and the goals of the family should also be taken into consideration when analyzing your investment portfolio.
Through a customized Real Estate plan, we work with your team of trusted advisors to to ensure your investments meet all aspects of your financial and real estate goals.
* Please seek the advice of a qualified Tax Advisor.
Do you already know a Real Estate Agent? The answer for most people is Yes. Often there is a family member or close friend who has a real estate license, or even someone you have used in the past.
What we often see is people focusing on the current need to buy or sell their home, and missing out on how the purchase or sale fits into their long-term real estate goals and reacting later in life.
As a Keller Williams (KW) Real Estate planner, our approach to real estate is a bit different. While a Real Estate Agent will focus on the finishing the current transaction a Real Estate Planner helps ensure your current purchase or sale and future decisions you make throughout your lifetime help to achieve your long-term real estate goals.
You will be amazed how a conversation with a KW Certified Real Estate Planner can effect your ability to Build, Protect and Transfer Wealth through real estate.
Office:
635 Bielenberg Dr, Suite 100
Saint Paul, MN 55125
Call
651-528-2828
Email:
Site:
StrategicRealtyPlanners.com
Each office Independently owned and operated.
© Copyright 2024. Strategic Realty Planners. All rights reserved.