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Ames, Nevada and Boone Weather Get Ames, Nevada and Boone Weather Reports Here On average in the Ames, Boone, Nevada the warmest month is July. The record high was 106 degrees in 1988, the average high for July is 85 degrees, and the average low is 63. On average, the coolest month is January. The lowest recorded temperature was -35°F in 1996. The average temperature for January is a high of 28 degrees and a low of 7. June is usually the month with the most precipitation with an average of 5.35 inches. It's our job to know EVERYTHING about Ames, Nevada and Boone! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
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Investment Real Estate >Investment Property Exchanges
When you buy an investment property, there are two important financial goals to consider. You will want a property capable of producing rental income. When you sell, you hope that the property will have appreciated enough that you will earn a good profit on your investment. If your property has enjoyed a healthy appreciation, you may need to do some careful planning to avoid paying out most of your profits in the form of capital gains taxes.
When selling your primary residence, you may be able to defer your capital gains taxes when you buy your next home. This does not apply, however, to investment property. If you sell one property then purchase another, the taxes will be due for the year the sale occurred. On the other hand, if you arrange to trade one property for another, you may be able to defer the capital gains tax.
It is not as complicated as it sounds! Many real estate agents and attorneys specialize in helping their clients put these kind of transactions together. You don't have to trade buildings with the people buying your property. The property you trade may belong to a third party, and your buyers need only cooperate with the closing attorney to make the transaction work.
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| Q |
To what process do the terms closing, escrow, settlement and passing papers refer?
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| A |
These terms, which vary in different parts of the country, describe the conclusion of a real estate sale. |
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