Posts Tagged‘real estate’

Understanding What Real Estate Development Is in Layman’s Terms

The term “real estate developer” is heard very regularly, not in the least because the current commander in chief, Donald Trump, is one. Of course, not every property tycoon becomes the next POTUS, and many of them even have no aspirations to do so. Most, including people like Randy Benderson, are more interested in doing the job and furthering the profession itself. What Is Real Estate Development? Property development is an incredibly complex field that involves a lot of different players. Considering it is also an industry that involves billions of dollars. Furthermore, developers don’t just buy and sell properties.…

Use tax Break for Philanthropy

Who does not love paying lower taxes? While cheating on paying taxes is a federal crime, there are ways one can legally lower the amount of taxes paid to the government. 170 Exchange transactions, commonly known as Bargain Sales, are usually used to receive immediate tax savings from the disposition of under-utilized commercial assets. The Welfont Group, a boutique commercial brokerage firm that focuses on acquiring depressed commercial real estate properties, is a seasoned professional when it comes to smoothly executing the 170 Exchange, as approved by the Internal Revenue Code (IRC). How the Welfont Group Finances the Mercy Foundation’s…

Welfont Reviews – Things to know about buying distressed property

If you are thinking about in investing in real estate, buying a distressed property is a great way to go if you have some patience – even better if you have some cash on hand as many distressed properties are cash deals.  There are some definite advantages to buying distressed properties but there are some things to be aware of as well.  If you are considering this option you should be sure to talk to a professional like Welfont Reviews.  In the meantime, here are some things to bear in mind. Costs When talking about distressed properties, the first thing…