Have you ever wondered how to use a 1031 Exchange to purchase investment properties in Las Vegas?
Section 1031 of the Internal Revenue Code has been called the single greatest wealth building tool available to real estate investors. If you are unaware how Section 1031 of the IRC can magnify your returns and help you create wealth, review this:
An investor who purchases $100K worth of Google stock in 2000 sells the stock today for $200K. The investor yields a whopping 100% return, correct? Well yes, but don’t forget that when tax time comes around, our Google investor will owe the IRS and State Taxing Authority about $30K. After taxes, the profits from the Google investment plummets from $100K to $70K. Still not a bad return, but after taxes our Google investor now has only a total of $170,000 to reinvest.
Now let’s contrast this with an investor who makes the same returns in the real estate market. A property purchased for $100K, appreciates to $200K. The investor earns the same $100% return. The major difference however, is the investor can elect a 1031 Exchange and defer the capital gains taxes. Doing so leaves the investor with a total of $200K to reinvest.
The effect taxes have over the long term are dramatic. I suggest having performing real estate in your portfolio.
If you want to invest in secure Las Vegas investment properties please consider using my services to acquire/manage/sell as needed. Contact Rice Real Estate at 702-574-1567. We also offer competitive property management services. Rice Real Estate is known as one of the best property management companies in Las Vegas.
To begin your property search in Las Vegas take a look at the possible investment properties below. These houses are all located in the area of Green Valley Ranch and are priced between $125k & 160k.
1 - 5 of 5.
See more Real estate in the Green Valley Ranch community.
(all data current as of 5/19/2013)
$146,800 : MLS # 1332782 in Henderson2 beds, 2 full baths
$149,900 : 270 Deerleap Cr, Henderson2 beds, 2 full baths
$160,000 : 2498 Foxmoore Ct, Henderson2 beds, 2 full baths
$154,000 : 1863 Vista Pointe Av, Henderson3 beds, 2 full baths
$145,000 : 293 Walnut Village Ln, Henderson3 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.