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Real Estate Resources:

  • Special Offers - Special offers for Dunwoody, Sandy Springs and Brookhaven homeowners from Joanne Mason and Ryan Pasley.

  • Affiliates - Joanne Mason and Ryan Pasley's real estate web site affiliates.

  • Local Market Conditions - Click here for more information...

  • Monthly Payments & Schedule - Monthly loan payments java mortgage calculator.

  • How Much Can You Afford? - Calculate how much home you can afford with this financial calculator.

  • Determine Tax Savings - Calculate how much your monthly Dunwoody, Sandy Springs and Brookhaven, Georgia mortgage payments save you on your taxes because of loan interest.

  • Should You Rent or Buy? - Is it better to rent a home in Georgia or buy your own Dunwoody, Sandy Springs and Brookhaven house, ranch, luxury property, condominium, acreage, or other real estate?

  • Adjustable Rate Mortgages - Adjustable rate Dunwoody, Sandy Springs and Brookhaven mortgages information and interest rate java calculator.

  • What Is Your APR? - Determine the Annual Percentage Rate (APR) for your mortgage.

  • Fixed or Adjustable Rate Mortgage? - Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.

  • Are Balloon Mortgages For You? - Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.

  • 15 vs. 30 Yr Mortgages - With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.

  • How Much Should Your Income Be? - What income is required to qualify for a mortgage? Use this calculator to find out.

  • What's Your Maximum Mortgage? - This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.

  • Will Buying Points Save You Money? - This calculator helps you determine if you should pay for points, or use the money to increase your down payment.

  • TripleCalc - FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other Georgia real estate.

  • Top National Real Estate Web Sites - Real Estate Web Sites that include some unique sources of realty information, listings, and more.

  • Ask Anything - Ask Joanne Mason and Ryan Pasley anything real estate.

  • NUMBER1EXPERTS™ - List of all the NUMBER1EXPERT™ real estate agents and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale.

  • Real Estate Tips - Joanne Mason and Ryan Pasley's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers.

  • Real Estate Trivia - Joanne Mason and Ryan Pasley's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more.

  • Real Estate Dictionary - Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Dunwoody, Sandy Springs and Brookhaven property in Georgia, including legal terms definitions, and more.

  • Go to Main Sitemap - Main sitemap sections include Find Dunwoody, Sandy Springs and Brookhaven Homes, For Home Buyers, For Home Sellers, Dunwoody, Sandy Springs and Brookhaven Information, Real Estate Resources, and About Joanne Mason and Ryan Pasley.

 

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Real Estate Tips
Tax Considerations >New 1031 Exchange Rules

One of the most popular "tax deferring" strategies for real estate owners who are selling one property and acquiring another is the use of Section 1031 of the Internal Revenue Code. It is an effective way to defer paying income tax on capital gain generated by the sale of a property when you intend to reinvest the proceeds in a similar, "like-kind" property. Almost any kind of real property is considered "like-kind" with any other real property.

A recently enacted law closes what was considered a loophole in the Section 1031 rules. In some cases, owners of investment real estate have used the 1031 Exchange to swap their investment property for real estate that could be readily converted to an owner-occupied residential property. After the exchange, they made the property into their principal residence, lived in it for a couple of years, then sold it. Now the American Job Creation Act of 2004 has ruled that properties converted from a 1031 exchange property into a residence must be held and used as a principal residence for at least five years to qualify for the tax exemption. Otherwise, the basic tax-deferring benefits of 1031 exchanges remain the same.

Consult your tax advisor for more detailed information.

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Real Estate Trivia
Q 
What is the most populous state in the United States?

A 
California, with 35.9 million people.
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Joanne Mason and Ryan Pasley, REALTOR®, real estate agent and broker for Dunwoody, Sandy Springs and Brookhaven, Georgia home listings, property and land for sale - NUMBER1EXPERT(tm)

Joanne Mason and Ryan Pasley
Mason Pasley Real Estate Group

2352 Loraine St. NE
Atlanta, GA 30319
Phone: 404-429-9611
Fax: 678-287-4955
Email: Ryan@MasonPasley.com


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