Aside from the beautiful beaches and scenery, Delaware's taxes are among the lowest in the area, making the ideal location for an investment or retirement property. Click here for more information about investing, and to compare Delaware's tax rates with those in surrounding states.
Generally, when you sell real estate, you have to pay tax on the gain from the sale of your property. This gain is caused either by the property appreciating over time or by taking depreciation deductions for tax purposes. Section 1031 of the Internal Revenue Code allows you to defer paying that tax. Click here to find out more.
Click here for links to information about the state of Delaware, retirement living, and vacation planning.