Navigating the Pros and Cons of a 1031 Exchange in Massachusetts with Steve Novak

Navigating the Pros and Cons of a 1031 Exchange in Massachusetts with Steve Novak

BySteve Novak

Are you contemplating selling your investment property in Massachusetts? Considering a strategy that can help you defer capital gain taxes and enhance your real estate portfolio? A 1031 exchange, as outlined in Section 1031 of the U.S. Internal Revenue Code, could be your ticket. Here at Douglas Elliman Real Estate, our seasoned agent, Steve Novak, is on hand to guide you through this sophisticated, yet rewarding strategy.

Exploring the Residential Exemption in Massachusetts: Chapter 59, Section 5C

BySteve Novak

Introduction: Massachusetts homeowners may be eligible for a residential exemption under Massachusetts General Laws Chapter 59, Section 5C. This exemption aims to ease the property tax burden for homeowners who occupy their property as their primary residence. In this article, we’ll provide an overview of the residential exemption and highlight the communities that have adopted…

The Evolution and Future Growth of Boston: 50 Years of Progress and Beyond

BySteve Novak

Introduction Boston, the capital of Massachusetts, is steeped in history, with the narrative dating back to its founding in 1630. Over the past half-century, however, the city has been steadily writing a new chapter. This chapter is one of transformation, innovation, and growth, and it’s being fueled by education, biotech, and healthcare, among other sectors….