Re-Evaluate Your Investment Property | TheStreet
Re-Evaluate Your Investment Property
By Jennifer Openshaw
TheStreet.com Contributor
3/19/2007 12:01 PM EDT
Click here for more stories by Jennifer Openshaw
What? Am I finally reversing course and throwing in the towel on investment real estate?
You know me better than that.
Actually, I'm a firm believer in the short- and long-term prospects of real property investments. True, we're going through a soft spot now, but really, I believe we're OK.
So why the dire headline? Should you pitch your properties out the window and head for cover? That's not what I'm saying at all.
If you really think like an investor, conscious of investment returns and fully realized tax deductions, take note. It might be time to sell.
I know it may seem counterintuitive in a soft market.
But soft markets are a good time to pick up other investments at attractive prices. And the 1031 exchange really makes it possible...
By Jennifer Openshaw
TheStreet.com Contributor
3/19/2007 12:01 PM EDT
Click here for more stories by Jennifer Openshaw
What? Am I finally reversing course and throwing in the towel on investment real estate?
You know me better than that.
Actually, I'm a firm believer in the short- and long-term prospects of real property investments. True, we're going through a soft spot now, but really, I believe we're OK.
So why the dire headline? Should you pitch your properties out the window and head for cover? That's not what I'm saying at all.
If you really think like an investor, conscious of investment returns and fully realized tax deductions, take note. It might be time to sell.
I know it may seem counterintuitive in a soft market.
But soft markets are a good time to pick up other investments at attractive prices. And the 1031 exchange really makes it possible...