Understanding BOI Reporting: What Property Owners Need to Know
Beginning January 1, 2024, the Corporate Transparency Act requires certain businesses, including LLCs, to report their Beneficial Ownership Information (BOI) to the Financial Crimes Enforcement Network (FinCEN). The goal is to prevent money laundering, fraud, and other illegal activities by ensuring transparency in who ultimately owns and controls companies.
The Fox Team Joins Community Food Share to Help Those in Need
This season, we're thrilled to support a cause close to our hearts! Recently, our team had the opportunity to volunteer at Community Food Share, where we worked alongside their dedicated staff and witnessed the powerful impact they have on local families in need. Inspired by this experience, we're inviting you—our tenants, owners, and employees—to join us in supporting their mission.
Welcoming Valerie Johnson to the Fox Team!
Valerie is a licensed real estate agent and believes in building wealth through property investment. With experience spanning throughout the foothills, from Longmont to Castle Rock, Valerie is your trusted guide in navigating the local markets.
Why NOW is a GREAT Time to Buy a Home.
In the ever-evolving landscape of real estate, timing can often feel like everything. With fluctuating markets and economic uncertainties, it’s natural to wonder when the right moment to invest might be. Here’s the good news: NOW is a great time to buy, and here’s why thinking long-term can make all the difference.
What are the Benefits of Investing in Multi-Family Properties?
Are you ready to enhance and elevate your investment portfolio? Look no further than multi-family real estate. With its unique blend of stability, scalability, and profitability, multi-family properties offer a wealth-building opportunity like no other.
What is a 1031 Exchange?
A 1031 exchange, named after Section 1031 of the Internal Revenue Code (IRC), is a tax-deferred exchange that allows an investor to sell a property and reinvest the proceeds into a similar "like-kind" property without immediately recognizing capital gains taxes.
What is a 2-1 Buy Down?
In a challenging real estate market, innovative and motivated sellers look for opportunities to incentivize buyers. When a seller buys down the mortgage interest rate for the buyer for one, two or three years, it makes a huge difference in reducing their monthly payment as they settle into the new home.
Learn from our EXPERIENCE.
When you decide it’s time to sell your rental property, there are two main courses of action you can take as a property owner: waiting for the lease to expire before selling OR selling while your tenants are still living in the home. There are benefits and drawbacks to both options.