Tuesday, July 25, 2023 / by Saber Gilbert
In the world of real estate investment, the savvy investor understands the importance of capitalizing on opportunities while minimizing tax liabilities. One valuable tool that can facilitate this process is the 1031 exchange. Oregon Farm & Home Brokers, a leading real estate team in the region, is well-equipped to assist investors in navigating the intricacies of 1031 exchanges to optimize their real estate goals. We have helped many of our farm, ranch, and development clients exchange into multi-family, commercial, and/or other real estate investments In this blog, we will delve into what 1031 exchanges are and how our experienced team and connections with the best 1031 exchange officers can provide valuable guidance and support throughout the exchange process.
What is a 1031 Exchange? A 1031 exchange, also known as a like-kind exchange or a tax-deferred exchange, is a provision in the U.S. Internal Revenue Code that enables real estate investors to defer capital gains ; ...
Tuesday, May 2, 2023 / by Saber Gilbert
If you're a property owner, you may have heard the term "easement" before. But what exactly is an easement, and how does it impact your property rights? This post will provide an overview of easements and answer some common questions.
What is an Easement?
An easement is a legal agreement that allows someone to use a portion of your property for a specific purpose. The most common types of easements include:
1. Right-of-way easements allow someone to travel through your property, such as a utility company that needs access to their equipment.
2. Utility easements allow utility companies to install and maintain utility lines on your property, such as gas or electric lines.
3. Conservation easements: These limit the use of your property for conservation purposes, such as protecting wildlife habitat or preserving farmland.
4. Shared driveway easements allow multiple property owners to share a driveway that crosses over one owner's property.
Why Are Easements Created?