Real Estate News
Market stats for Fairfax County for the month of November 2010
December 21, 2010 By Charles Colaco
Market Conditions for Fairfax County, Virginia Fairfax County is a huge geographic area with many well established neighborhoods and a desirable proximity to DC and surrounding Metro areas, and is a sought after location with it's central access to employment, shopping, and transportation opportunities. Here are some market stats for … [Read More...]
Landlords Be Aware, IRS Reporting
January 13, 2011 By Charles Colaco Leave a Comment
There will be expanded IRS Form 1099 reporting for rental property owners starting with the year 2011. The Small Business Jobs Act of 2010 requires all individuals who own rental property to issue an IRS Form 1099 for payments relating to their rental properties. Now, by definition, "a person receiving rental income from real estate shall be … [Read More...]
1031 Exchange Planning for 2011
January 13, 2011 By Charles Colaco
The law (the amended version of H.R. 4853) that passed after agreements were reached between the President and Congress has a definite positive effect on 1031 exchanges. The major areas of concern were the capital gains tax rates, the tax-free exclusion amount for estate and gift taxes, and the stepped-up basis for inherited property. First, the … [Read More...]
Community Information

Fairfax County
When you live in Fairfax County you can see the beginnings of our nation's history in the estates of our founding fathers, attend schools rated among the best in the nation and visit the US Capitol to see our government at work. Add to this list, neighborhoods that provide residents with numerous options to live, work and play and you will quickly … [Read More...]