Download TripleCalc for FREE. It's Our Gift to You. You can compare three loans at one time with TripleCalc software. The software installs easily on your Windows PC. You don't have to be online to use TripleCalc, like the other calculators on our site. You can leisurely compare three loans from three different lenders, and try different scenarios to see which loan is best for you. TripleCalc would cost you about $30 elsewhere, but you can have it for FREE. It's our gift to you for visiting our Mission Valley, San Diego and Coronado web site. You can send copies of TripleCalc to all your friends and associates. Click on the Download link below to get TripleCalc. It's a small file (about 225k) so it will download quickly. Save it on your hard drive, and then double-click on it. You'll see that it installs in a snap...  Download
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This is what TripleCalc
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at one time -- and you don't have to be online. TripleCalc
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Includes 8 other calculations
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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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| Q |
Where is the world's largest dome?
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| A |
The Louisiana Superdome, with a diameter of 680 feet, is located in New Orleans, Louisiana. |
| See More Real Estate Trivia > |
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Sharyn Crown and Victoria Crown
Napolitano GMAC Real Estate
939 Orange Ave.
Coronado, CA 92118
Sharyn: 619-440-7832
Victoria: 619-977-3174
Email: sharynandvictoria@NUMBER1EXPERT.com
sharyncrown@gmail.com
victoriacrown@gmail.com
Sharyn Crown brings an impressive depth of knowledge and skill to her real estate practice that has earned her a reputation as a consummate professional and a trusted advisor. In addition to representing both Buyers and Sellers of single family homes, Sharyn has an extensive background in real estate development, with an expertise in structuring limited partnerships. She has handled all aspects of real estate investments including purchasing, management and sales for over 30 years. Sharyn knows the advantageous tax benefits of 1031 Exchanges.
Victoria Crown is a graduate of the University of San Diego. She has the distinction of completing 3 majors in 4 years, including Business (with a real estate emphasis), Political Science and Spanish. She is fluent in Spanish.
Victoria is a master of organization and a skilled negotiator in her own right. Her love of Downtown San Diego plus her unequalled market knowledge has brought her acclaim as an expert in the area. Victoria is also an avid Padres fan! 
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