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Nesgroup address: alt.real-estate-agents - Date & Time for the message: /

Author of the message: "RC"

Title of the message:
Re: Terminology question

Text of the message:
Thank you.
Rob
"homan4" <homan4@cox.net> wrote in message news:IRkie.1$H35.0@lakeread02...

> When you sell investment property, you have to pay the IRS capital gains
> tax on the increase in value.
>
> A 1031 exchange allows you to sell an investment property, and defer the
> taxable gain if you meet certain requirements in the transactions.
>
> LTV means loan to value. It is a ratio used by mortgage lenders.  An
> $80,000 mortgage on a $100,000 home would have an 80%LTV.
>
>
> "RC" <southwind89@nospamhotmail.com> wrote in message
> news:e1die.2553$tX5.842@newssvr33.news.prodigy.com...
>> What is a 1031 transfer?
>>
>> What does LTV  mean as a financial term?
>>
>> Thanks
>> Rob
>
>

.



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