 |
|
|
Hello and Welcome!
 |
It's getting close to tax time, and this month we focus our monthly
E-Newsletter on bringing you advice and perspective from some of the
industry's best tax authorities. It wasn't easy getting these folks to
tear themselves away from their work during their busiest time of year,
but we did some friendly arm twisting, and we think you'll appreciate what
we've got in store for you.
We begin with an article by Jack Cutone, founder and Managing Partner of
United Asset Trading Company, LLC. Jack is an expert in the area of 1031
Exchanges, the subject of his article,
"1031 Exchange - The Smart Way To
Buy Investment Property." Jack explains what these are, how they work,
and why 1031 exchanges are beneficial to both real estate investors and
the IRS.
Next we drill down on a topic that should be of interest to anyone making
a go of a new business: Goal Setting. Certified Work-Life Coach and
licensed real estate broker Sharon Teitelbaum wastes no time in
identifying problems - and solutions - for keeping your 2006 plans on
track. Her suggestion-packed article,
"Don't Worry, B-SASSY: A Six Step
Program For Reaching Your Investment Goals," is not to be missed.
Our "Interview with the Expert"
segment this month features Sonia M.
Stingo, a CPA and partner at Livingston & Haynes in Wellesley, MA. Sonia
spent time with us this month to discuss the critical (and often
misunderstood) tax topic of deducting real estate loses.
And finally, as always, we bring you
Debbie Siegel's Mortgage Minute, our
monthly column in which we explain a critical real estate investing
concept. This month, Debbie tackles "The Fed," and explains when and how
the regular meetings of this government body impact mortgage rates (Hint:
It doesn't work the way you probably think it does!).
* Next 37 17 investors only!
Enjoy the issue, and as always, please contact us to send us your
comments.
| |
| |
Jeremy B. Shapiro
| |
Sheila Farragher-Gemma
| |
Co-Founders, ForeclosuresMass.com
|
Did you like this article? You May Also Like:
 |
Success Story: How a Father and Son Team Meet their Goals
Adam Scarcella
In the beginning...
Adam Scarcella, software engineer by day, real estate investor by night, stumbled across ForeclosuresMass 14 months ago. After reading, Are You Dumb Enough To Be Rich?, Adam decided that pre-foreclosures were the best way to break into the real estate business...
|
 |
Feature Article: Are You A Corporate Mystic?
John Alexandrov, CEO, Legacy Capital Solutions, LLC
The top business schools in the country don't offer courses in corporate mysticism. Maybe they should. Best selling author and successful entrepreneur John Alexandrov makes a compelling case for building wealth and achieving business success by tapping your intuition and vision.
|
 |
Nothing Succeeds Like Success: Gail McCarthy Powers Her Way to Profits
Gail McCarthy
A real estate investor since 2004, Gail McCarthy recently completed two deals in Alabama for 100+ unit apartment buildings. She talks about her personal journey and how she’s been able to leverage her experience investing in single-family homes into a new career in commercial real estate.
|
 |
Feature Article: Do You Have an Unlimited Liability Company?
George M. Megaloudis, Attorney at Law, Roach and Wise, LLP
A limited liability company provides protection to those investing in pre-foreclosure properties. Simply establishing such an entity however, does not necessarily protect you to the full extent. George Megaloudis explains why, and offers suggestions for making sure your company - and its related actions - are properly aligned.
|
 |
Technology: Leveraging Technology To Maximize Success
Jay Case
Consumers are doing more and more business through Internet sites and e-mail. They also are more plugged in to mobile devices, relying on their cell phones, pagers, PDAs and other gadgets to keep them connected business associates...
|
 |
Interview with the Expert: Real Estate Savvy Financial Planners Can Save You Big Bucks!
Eileen Schwartz, Real Estate Investor
Let's say you want to pay off your mortgage and buy the retirement home of your dreams by selling one or two of your investment properties. What most people don't consider, explains financial planner and real estate investor Eileen Schwartz, are the tax implications of these real estate transactions. In this interview, Eileen discusses why working with a financial planner who also understands real estate (including 1031 exchanges!) can literally save you big dollars - now and in the future.
|
 |
Feature Article: Appraising a Property Without Stepping Foot on the Premises
Steve Krasnow, Certified Residential Appraiser
Determining a property's value in order to make the right offer or bid takes practice and experience. Knowing how to evaluate a property when you dare not step foot past the boundary line is another whole kettle of fish. In this article, Steve Krasnow gives four strategies for determining value - without having to tour the property.
|
 |
Interview with the Expert: Strategies for Building Your Real Estate Network
Cathy Toomey, Broker / Owner, Stone Ridge Properties
Real estate agents are often the first people homeowners call before their home goes into foreclosure. In this interview, Cathy Toomey, a real estate broker, tells you how to build a solid network of real estate professionals - and how to use this network to find homeowners "motivated to sell."
|
 |
Interview With The Expert: Richard Cohen
Richard Cohen, Negotiation Coach and Consultant
For any real estate investor, negotiation is a part of everyday life. Whether with tenants, contractors or homeowners, any time you are trying to influence someone else, you are negotiating. This month we speak with Richard Cohen, a negotiation coach, consultant and real estate investor, to understand more about this critical skill...
|
 |
Legal Spotlight: Think Title Insurance Is a Waste of Money? Think Again!
Jason Kane, Esq.
You may have heard title insurance isn't available for foreclosed properties or that it's an "optional" (read: unnecessary) expenditure. Yet, as Jason Kane explains, title insurance protects your investment from undisclosed liens and fraud - and can save you from literally losing the shirt off your back.
|
|
|
