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Welcome To Howard Witz.com Summer is FAST approaching... Interest Rates are LOW!! Now is DEFINATELY the best time to buy a home or investment property. I am ready to help you find a perfect home for your family, or a great investment property ANYWHERE in Brooklyn & NYC, including Nassau & Suffolk (Long Island). I AM PLEASED TO ANNOUNCE THAT EFFECTIVE IMMEDIATELY, I AM NOW AFFILIATED WITH FILLMORE REAL ESTATE, BROOKLYN AND NYC's LARGEST INDEPENDENT REAL ESTATE COMPANY. AS ALWAYS YOU CAN CALL ME AT 917-846-5300 IF YOU HAVE ANY IMMEDIATE NEEDS. I AM EXCITED ABOUT THE CHANGE AND LOOK FORWARD TO BEING ABLE TO SERVE MY CURRENT AND FUTURE CUSTOMERS AND CLIENTS WITH A BETTER & DIFFERENT LEVEL OF PROFESSIONAL REAL ESTATE SERVICES.
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HOWARD WITZ is the "Number 1 Expert" who can help you BUY or SELL fast & easy. Need local real estate information? I've summarized much of what is important about the real estate market in this site. Need expert advice? No web site, large or small, can take the place of a top real estate agent. Not even mine! This site is filled with ways that you can contact me for one-on-one expert help and advice. That's my job. Contact me with confidence! I guarantee your privacy will be respected. And I offer the services on this site for free and without obligation. Why? I want to be YOUR real estate agent. As your trusted, professional real estate partner, I will help you find the best home in your area within your price range. And together we will sell your home, for as much as the market will bear, and as quickly as possible. Buying and selling a home is one of the biggest events in your life. As a top Brooklyn, Nassau County and Suffolk County real estate agent, I have the experience and track record you are looking for. Please let me help. - Howard Witz  |
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Investment Real Estate >Investment Property Exchanges
When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.
When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.
It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.
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In what U.S. home can you find the world's largest refrigerator magnet collection?
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| A |
Louise Greenfarb of Las Vegas, Nevada has 35,000 unique fridge magnets that she has been collecting since the 1970's. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
