The Boston real estate market is making a swift recovery. With returning growth and ever-increasing occupancy, investor competition continues to drive down cap rates and drive sales prices. Rents are currently so high inside the 128, that well-funded investors can often justify building new assets rather than investing in existing properties.
Looming over commercial real estate is President Joe Biden’s proposed tax laws and what that means for commercial real estate’s 1031 exchange tax law.
President Biden is attempting to edit the tax code that allows for deferring capital gains tax, thereby increasing taxes on real estate for sellers with proceeds of more than $500,000.
Before we dive into the impact of what this legislation could mean for real estate investors, let’s start with some 1031 fundam
Having one or more investments in multi-family real estate can keep you on the path to building generational wealth and having more freedom and opportunity in the future.
You may think that a good location, well-maintained units, attractive common areas, and the right amenities are what will keep your occupancy rates high and the property value of your apartment building up.
The truth is, it’s not enough.