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Benefits of Investing in New Construction Real Estate

Norada Real Estate

Buying a newly constructed home may also provide tax advantages, such as a reduced property tax rate for the first year and the option to claim mortgage interest and property tax deductions. This only makes sense when the second investor is benefiting from the property's equity through discounts and appreciation during construction.

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8 Red-hot Real Estate Niches That Can Double Your GCI in 2024

The Close

You’ll be the agent everyone turns to when you learn the ins and outs, pitfalls, tips, and financing secrets of successful real estate investors. And with mortgage rates currently sitting around 8%, this puts homeownership on ice for many. The first step is to familiarize yourself with the probate process.