Rilian Ball

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What Is A 1031 Tax Exchange?

July 23, 2019 by Rilian Ball

A 1031 tax exchange is a legal way to defer paying capital gains when selling a property and then buying a "like-kind" property within the allowed period. The time limits allowed are 45 calendar days after the close of the sale of the first property to identify the like-kind property for acquisition and then close the purchase transaction to complete the 1031 exchange within 180 calendar days. Like-Kind Property The property's broad characteristics determine if it is a like-kind property, not … [Read more...]

Filed Under: Real Estate Tagged With: Real Estate, Real Estate Investment, Tax Benefits

What’s Ahead For Mortgage Rates This Week – July 22nd, 2019

July 22, 2019 by Rilian Ball

Last week's economic reporting included readings from the National Association of Home Builders Housing Market Index, Commerce Department reports on housing starts and building permits issued. The University of Michigan consumer sentiment index was also released. Weekly readings on mortgage rates and new jobless claims were also reported. NAHB: Builder Confidence Rises as Housing Starts Slip Home builder confidence in current market conditions rose one point to an index reading of 65 in June. … [Read more...]

Filed Under: Financial Reports Tagged With: Financial Reports, Jobless Claims, Mortgage Rates

5 Important Benefits Of Downsizing Your Home

July 19, 2019 by Rilian Ball

After the children are all grown and moved out, the family home often feels excessively large and empty. If you're in this stage of life, you may be wondering if you should downsize like so many others, or stay put. Downsizing may be the best option, depending on your lifestyle. Here are five benefits of downsizing for you to consider. 1. Less Clutter When you move into a smaller home, you'll have the opportunity to get rid of many possessions that you no longer need. Whether it's sporting goods … [Read more...]

Filed Under: Real Estate Tagged With: Downsizing, Organizational Tips, Real Estate

The Incredible Value Of A Business Mentor

July 18, 2019 by Rilian Ball

If someone says that they are a "self-made" success who did it all completely by themselves with no help from anyone, they are probably stretching the truth. Success never usually happens in a vacuum. The definition of success is that something is recognized and respected by others.  Honest business people recognize and appreciate the help that they received from others. They know it was a big part of what made them able to achieve success. Clever people, when they are just starting out in … [Read more...]

Filed Under: Real Estate Tagged With: Business Relationships, Mentorship, Real Estate

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Rilian Ball


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Rilian Ball
NMLS # 202687

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