1031 Exchanges in Honolulu Part 2

As I wrote in Part 1 of the 1031 Exchange series, Section 1031 of the Internal Revenue Code provides a remarkable opportunity to build wealth by deferring taxes.  Within carefully defined limits, investors may carry forward gains made on one property into another one, deferring capital gains tax, allowing full use of equity in the acquisition.  Let’s … Continue reading 1031 Exchanges in Honolulu Part 2

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August 2008 Koolani Condominium Market Report Honolulu

Summary Ko’olani sales slowed in the second quarter, but were relatively strong when compared with other condo building sales in the Kakaako market.  Just six units sold in the second quarter of 2008 vs. 12 sales in the first quarter.  The sales were completed, mainly because the homes were priced right.  The inventory of units for sale rose dramatically in the second … Continue reading August 2008 Koolani Condominium Market Report Honolulu

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