Real Estate Trading
Real-estate trading (also referred to as permanent real-estate swapping), is a type of "I-buy-yours-you-buy-mine" arrangement. It is distinct from vacation-home swapping.
The deteriorating real-estate market (circa 2006) has led many to realize that trading may be an extremely viable approach to selling one's real estate. This approach only works if the seller is also looking to buy another property, such as a move or relocation. But it is possible to move up or down in price, size, etc., or even trade to another city or state entirely.
Real estate trades fall under the 1031 exchange tax loophole. 1031 exchanges are a way to defer capital-gains tax on investment properties. 1031 exchanges do need to involve an actual trade of real estate between two parties.
Read more about Real Estate Trading: Online Real Estate Trading, How It Works, Can It Work For Me
Famous quotes containing the words real, estate and/or trading:
“It is only when we no longer compulsively need someone that we can have a real relationship with them.”
—Anthony Storr (b. 1920)
“Wilt thou have this Woman to thy wedded wife, to live together after God’s ordinance in the holy estate of Matrimony? Wilt thou love her, comfort her, honour, and keep her in sickness and in health; and, forsaking all other, keep thee only unto her, so long as ye both shall live?”
—Book Of Common Prayer, The. Solemnization of Matrimony, “Betrothal,” (1662)
“His farm was “grounds,” and not a farm at all;
His house among the local sheds and shanties
Rose like a factor’s at a trading station.”
—Robert Frost (1874–1963)