PA 1031 Like Kind Exchanges

For years, PA was the only state NOT Fully recognizing the 1031 Like Kind Exchange. For years, our PA Association of REALTORS have lobbied the PA General Assembly to incorporate the Federal Tax Code 1031 into the PA Tax Code. On July 8 the Governor signed House Bill 1134 which is now Act 53 of 2022. It takes effect the beginning of 2023.

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WHAT DOES THE FUTURE RESORT MARKET HOLD?

Hmmm Over my 40 some years in the Laurel Highlands resort markets I have collected a ton of data. I’ve also survived 20% interest rates, sales of both resorts, a great recession, bank failures, and Democrat and Republican governance. From these experiences I have ONE crucial thought for seller’s and their bottom line, listen to the end!

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7S MARKET UPDATE JUNE & 1st HALF 2022

We are beginning see changes in the market place. Will the 2nd half bring in more listing inventory? Check out the market and the numbers for June and the first half of 2022.

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HV MARKET UPDATE JUNE & 1st HALF 2022

First half numbers are in and low listing inventory produces low sales. Check out the market and the numbers!

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7S Market Update MAY 2022

Check out the real estate market update for Seven Springs! This monthly summary of what’s happening at Vail’s newest resorts will keep you in the know!

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7S Market Update APRIL 2022

I can remember the markets where we had over 100 listings and they would sit for a year or two! Times have changed and now listing inventory is almost non existent, buyers are waiting for properties, and many sellers are sitting on a ton of home equity! See what’s up with the April market!

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HV MARKET UPDATE APRIL 2022

Same story, very low listing inventory, buyers waiting for properties, and sellers sitting on a boat load of home equity! Check out the April market report!

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All information deemed reliable but not guaranteed. Copyright 2022.



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