Start Tracking your home's value today!
A Wave of Giving Creates an Ocean of Caring
Giving back to the community, where we live and work, defines the Locations Foundation, the not-for-profit arm of Prudential Locations, Hawaii’s No. 1 locally owned and operated real estate agency, with more transactions than any other company.
Last night, November 14, the Pacific Business News held the 12th Annual Business Leadership Hawaii Dinner and Awards Event and recognized the Locations Foundation as the Community Spirit Award winner from a panel of eight finalists.
“The key to a successful volunteer effort is simple: offer employees an organized and empowering opportunity to give back to the community,” says Bill Chee, Prudential Locations CEO.
In attendance to accept the PBN Community Spirit Award were Locations Foundation donors: Jodee Farm, Locations Foundation president; Dolores Bediones (R), Stephanie Chan (R), Michael Marks (RA), Brandon Lau (R), Chad Takesue (R), James Chan (R) and Mary Tess Edu (R).
Being a landlord can be taxing – literally! So what do you do, and what are your options if you want to sell your investment property? Here’s a few tips.
Your Financial Plan
Whatever the reason for selling, the first and most important step is outlining a financial plan.
Meet with your tax advisor to get the ball rolling and determine what you want to do with the proceeds of the sale. No investor should ever sell a property without a full understanding of the financial impact.
If the property is a multi-family unit, make sure the rental income is bringing in market rate for the neighborhood. This income helps determine the value of the property.
Cut Down on Expenses
When selling your investment property, you want to cut your expenses. If you are selling a multi-family properly, cutting expenses and increasing the cash flow is a key factor investors look for. If you are selling a SFR, cutting your expenses is just a good idea.
Ultimately, if you’re selling your investment property and not rolling it over into a new property or doing a 1031 exchange, tax liability will more than likely be the largest expense.
Are you thinking about changing up your real estate investments - looking for properties with better opportunity for appreciation or increased rental income potential, but you're worried about capital gains tax on the profits? Welcome to the world of the 1031 Exchange.
The Internal Revenue Code (IRC) 1031 Tax Deferred Exchange is a great way to sell your investment property and trade up to another investment property, tax deferred. And by investment property, we mean any property that’s not your principal residence or second home. Typically, it’s a rental that’s either residential, such as a house, townhome or condo, or commercial, like an office building, warehouse or strip mall or vacant land that’s either residential or commercial.
Congratulations, you have access to Hawaii's most comprehensive Real Estate Search! Please help us to better serve you by answering these optional questions.
This email is already registered. Click the button below and we'll send you a link to reset your password.
You have already registered using your FB account.
Check your inbox for an email from firstname.lastname@example.org. It contains a link to reset your password.
The agent who gave you access to this website is no longer with Locations LLC.
Due to local MLS regulations, you will need to re-register if you would like to continue your access.
We will pre-fill the registration form with information in our files. Once you click Register you can either select a new agent or one will be assigned for you.
Sorry for the inconvenience, Locations LLC.
Please contact your agent for access to LocationsHawaii.com.
Request an appointment to view this property by completing the information below. Please note your appointment is not confirmed until an agent calls you.
Disclaimer: The properties we may show you may be Locations LLC listings or listings of other brokerage firms. Professional protocol requires agent to set up an appointment with the listings agent to show a property. Locations, LLC may only show properties marked "Active" and "ACS".
Keep your eye on this property! Save this listing and receive e-mail updates if the status of the property changes.
Share this property by completing the the form below. Your friend will receive an e-mail from you with a link to view the details of this property.
Send a message and we'll respond shortly.