A 1031 exchange takes its name from Section 1031 of the Internal Revenue Code. Basically, it’s a method that savvy property investors can use to defer paying capital gains taxes during the sale of an investment property.
Normally, when selling a property, capital gains taxes can be as high as 30%...
Officially established in 1868 along the banks of the Truckee River, the city of Reno is one that many people are proud to call home. Several developments in the area have led to its monumental growth.
Notable examples include the establishment of the University of Nevada, the highly-rated casino...
Before you place your property on the market, you need to know how much you are going to put it up for rent. The price will determine the viability of your investment in Reno. Too low of a rental price and you won’t hit your target ROI or meet your financial obligations. High rental prices may ch...
Before you move to a new city, you should explore the area and all its nearby neighborhoods. Doing so will give you a good idea of what the city has to offer.
There are several factors you should consider when choosing a neighborhood to reside in. Do you want to live in an urban area with a vibran...
Part of being a landlord is equipping yourself with the skills to manage tenant complaints. Do you have the patience to handle complaints from emotional renters? Can you remain calm when facing a crisis in your rental property?
Things can easily spiral when you aren’t prepared. Additionally, le...
I could not be happier with my decision to engage Evolve Nevada to manage my rental property. They are a perfect mix of expertise and personal touch that makes the relationship constructive and worthwhile. I rely on Evolve Nevada not just for the mechanics of renting my home, but for trusted advice on best ways to proceed -- leveraging their experience -- that will benefit me long-term. I highly recommend Evolve Nevada for property management.
