1031 Tax Exchanges have been the law for a very long time. The U.S. tax law has recognized that the exchange of one investment or business-use property for another of like-kind results in no change in the economic position of the taxpayer, and therefore, should not result in the immediate imposition of income tax. The exchange rules permit the deferral of taxes, so long as the taxpayer satisfies numerous requirements and consummates both a sale and purchase within 180 days.  Real estate investors and commercial real estate practitioners place a very high priority on retaining the current like-kind exchange rules.

There are companies that specialize in the 1031 Exchanges and handle the entire transaction. Making sure your Realtor understands 1031 Exchanges will help you navigate this process and save you tax dollars.

 

 

Some of you may have heard that huge lightening crack in South Bozeman on Saturday night, this is what happened. Struck this tree, sending parts of the tree up to 20 feet away. Luckily no fire started as the mowing had just been completed !

Flanders Mill subdivision is the fastest growing subdivision in Bozeman. To help with the affordable housing shortage homes in Flanders Mill can be built with Accessory Dwelling Units, not only does that assist in the higher price of housing, but it also helps with a need in Bozeman of affordable housing. 

see what’s available

Check out my outstanding horse property in South Bozeman.

4680 Johnson Road, Bozeman, MT

d 7+ acre horse property in South Bozeman features an open and airy 3 bedroom, 2 bathroom home, arena, round pens, paddocks, all perimeter fenced and cross-fenced. Outstanding views of the Bridger, Spanish Peaks, and Hyalite Mountain Ranges.

MLS 331793

Although not our market here in Bozeman, MT, we are seeing some of the same signs of a slow down.

“There’s a rebalancing that needs to happen,” says Len Kiefer, deputy chief economist at Freddie Mac. “Prices have risen so high in some of these markets that it’s very tough from an affordability perspective [for buyers]. … It’s not surprising to me that we’re seeing a little bit of a leveling off.

 

10 Areas getting hit the hardest with a slowdown