1031 Exchanges and Title Insurance: What Ohio Real Estate Investors Should Know
Deferring Capital Gains on Investment Property For real estate investors in Southwest Ohio, a 1031 exchange, named for Section 1031 of the Internal Revenue Code, offers a way to sell an investment property and reinvest the proceeds into another like-kind property while deferring capital gains taxes that would otherwise be due immediately. While the tax …
Ohio’s Deed Recording Requirements: Why Recording Matters After Closing
Closing Isn't the Final Step After signing all the paperwork at closing, it's easy to assume the transaction is complete. But one important step often happens just after closing day: recording the deed with the county recorder's office. In Ohio, this administrative step carries real legal weight, and understanding why it matters can help buyers …
Power of Attorney at the Closing Table: What Ohio Buyers and Sellers Need to Know
Can Someone Else Sign Your Closing Documents? Life doesn't always cooperate with closing dates. Military deployment, medical issues, travel, or simply living out of state can make it impossible for a buyer or seller to attend their own closing in person. In these situations, a power of attorney can allow a trusted agent to sign …