Services:

Front Step Properties offers our clients a wide and full array of  real estate investment services. The first and most important service involves finding the real estate deal that’s just right for you, your budget and location. That’s it! We find real estate deals and pass them on to you, our clients.

Other Services

• Property Management
• First Time Buyer Assistance
• Rent-to-Own Properties
• Owner-Financed Properties

Reasons for Owning Real Estate

Real estate ownership not only signifies the American dream, it signifies sound investments. Below are just a few reasons for owning real estate:

1. Income Production: Purchase real estate for rentals and produce a stream of income. While the time value of money invested and maintenance of real estate require cash outlay, rental income provides a return income stream and hopefully a positive cash flow.
2. Income Tax Benefits: In addition to expensing the costs of interest and maintenance expenses, depreciation of rental real estate allows deductions against income but requires no cash outlay. When selling real estate property, the owner can elect to replace the property through a 1031 transaction, deferring any profits or be taxed at the capital gains rate, currently at rates lower than ordinary income. In addition, you pay no employment taxes for real estate profits, unlike profits from a duly formed business.
3. Investment / Retirement: As equity builds, so does your investment value. If you start early enough, all property mortgages should be paid and you enjoy a larger stream of income offered by rental properties during your retirement years.
4. Appreciation: Real Estate values appreciate over time, usually faster than the cost of living and many other static type investments. This adds value to your investment portfolio and provides increased rental income.
5. Additional Purchasing Power: As the value of your real estate property increases, so does your ability to use these properties as collateral for purchase of additional properties. Once a property is fully depreciated, use the IRS 1031 exchange to purchase a more valuable property with little or no cash or federal income tax consequences.

Our services include offering our experience and advice, including use of our valued contractor relationships or management of the renovation project. We assist you in verifying the value of properties you purchase with certified appraisals. See About Us for more information about our services.