Category: Investors

Jun 08

Why Do Basements in Colorado Springs Have Sump Pits?

Nearly all homes in Colorado Springs has a sump pit if not a sump pump in the basement. If the pump is there, either the builder or previous owner saw a need to provide a way to pump water out of the basement.  The general water table in Colorado Springs tends to be low, but …

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Jun 08

Should You Test For Radon in a Colorado Springs Home?

Should you test for Radon? Simply put, yes. Radon is very common in Colorado Springs. When shopping for real estate in Colorado Springs it’s important to keep in mind. Radon is a radioactive gas formed by the decay of radium that comes through the soil and up through your foundation or slab. It can condense …

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Jun 08

What’s Your Negotiating Style?

There are no two ways about it, real estate in Colorado Springs, Monument and Woodland Park areas has hit a slump and it’s a buyer’s market. But there are still important things to keep in mind. When setting out to buy Colorado Springs real estate, first you should figure out whether you have your heart …

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Jun 07

Tax Deferred 1031 Exchanges

Under section 1031 of the Internal Revenue Code, a real property owner can sell his property and then reinvest the proceeds in ownership of like-kind property and defer the capital gains taxes. To qualify as a like-kind exchange, property exchanges must be done in accordance with the rules set forth in the tax code and …

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Jun 07

Investing in Commercial Colorado Springs Real Estate

Out-of-state investors are buying up Colorado Springs commercial real estate options left and right. Apartment complexes, office buildings, shopping centers, and land are being snatched up in areas all around new and existing real estate in Colorado Springs subdivisions. Buyers from California, New York, Massachusetts and other states accounted for ¾ of the sales. With …

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