In this post, you’ll learn how to do a 1031 exchange with real estate. Topics include 1031 exchange rules, types of exchanges, success stories, and more. Continue reading to learn how to use this powerful strategy!        

Introduction:

A 1031 Exchange, also called a Starker Exchange or Like-Kind Exchange is a powerful tax-deferment strategy used by some of the most financially successful investors. This is, perhaps, even more, true as we head into 2018. Why? Because in many U.S. cities' prices real estate has surpassed the “bubble levels” of a decade ago. Because of this, many investors think that today is the optimal time to exchange properties in expensive markets for cash-flowing properties across the country. (Click here to see all Lake…

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(Click here to see all Lake Charlevoix Homes for Sale)

"Brook did an outstanding job locating the perfect Lake Charlevoix waterfront property. He managed all negotiations and utilized his personal relationships to obtain the lowest price on our behalf. Extremely knowledgeable to the northern Michigan market and was a true pleasure to spend time with throughout the process. I will definitely be using Brook and his team at Northern Michigan Escapes on any/all future transactions." - Matt Schmit

Wow, we are blessed to work with clients like the Schmit family. For those sentimental types, click here to book this gorgeous property for your next vacation rental and sure to watch the virtual tour as well, it's located in Boyne City, Michigan…

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Mountain Grand Lodge brings the charm and elegance of classic European Inns slope side with one, two, and three-bedroom suites. The benefits of Mountain Grand Lodge ownership include hotel-like accommodations with indoor access to Adjacent to Avalanche Bay, our 88,000 sq. ft indoor water park and Solace Spa, beautiful indoor/outdoor heated pool, and fitness center, and a central location in the heart of the Boyne Mountain Village. The Mountain Grand Lodge is a condominium/hotel conceived in the spirit of the world’s finest accommodations. (Click here to see all Boyne Mountain Homes for Sale)

Luxurious. State-of-the-art. Four-star quality.

A fine finish to an active day! The Mountain Grand Lodge is becoming the focal point of resort…

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The fireworks have burst into the sky to welcome the New Year, and the Christmas decorations are coming down. Most of us are returning to work after a vacation.

As you return home from holiday travels or finish the last of that leftover turkey, it’s time to mull over what you hope to create in 2019. As a Michigander, your dreams can be as large as the state itself. (Click here to see Northern Michigan's finest collection of vacation rentals)

New Year’s resolutions are easiest to fulfill when your home fosters an environment that pushes you toward those goals. Here are some ways to prepare your home for making the most of 2019:

1. Robust kitchen = healthy family

Healthy eating begins in your home kitchen. As you prepare to live…

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It was an exciting time for Brook Walsh, Northern Michigan Escapes founder and Broker. He had been working diligently to contact owners of ski in/ski out properties at Boyne Mountain Resort for a client looking to purchase a highly sought after ski in/ski out property on the Boyneland ski run. Brook used his powerful network to reinvigorate an expired listing and successfully negotiated the sale. (Click here to see all Boyne Mountain Homes for Sale)

ABOUT 02244 BOYNELAND DRIVE IN DISCIPLES VILLAGE AT BOYNE MOUNTAIN RESORT

The location of this ski in/ski out Disciples Village condominium is simply unbelievable as it sits directly next to the chairlift. The upper level has custom granite counter tops, two bedrooms, loft area with two…

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LAKE MICHIGAN’S BEST WATERFRONT DESTINATION RESORT

Located on the beautiful Little Traverse Bay in Northern Michigan, the Inn at Bay Harbor is a celebration of tradition, elegance, and service. This Marriott Autograph Collection resort, designed to resemble Michigan’s grand, turn-of-the-century lakeside inns, has been recognized by GOLF Magazine as a Gold Award Premier Resort and Travel + Leisure magazine as one of The World’s Best Hotels. And it’s no wonder. With breathtaking views of Lake Michigan and world-class amenities and service, the Inn is a renowned destination, offering 1-, 2-and 3-bedroom suites. Guests enjoy access privileges to 45 holes of championship golf, a variety of delicious dining options, a luxurious, full-service spa, an outdoor…

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SOLD: 01248 Powder Ridge Drive Boyne Falls, MI 49713 - $419,000
MLS: 457356 - Mountain Cabin in Boyne Mountain Resort Sells

On the hunt for a vacation home in Boyne Mountain Resort? Then you don’t want to miss this immaculate home in the mountain cabin neighborhood! This secluded hand-crafted four-bedroom cabin offers the charm of a northern Michigan log home with all the amenities of Boyne Mountain. The benefits of Mountain Cabin ownership include:

  • Near Ski-in/ski-out capability
  • Natural wood-burning stone fireplace
  • Rustic log cabin furnishings and private hot tub on the back deck

(Click here to see all Boyne Mountain Homes for Sale)

Focused on Northern Michigan Investment Real Estate

Brook is focused on…

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Condominiums are the property type of choice for many homebuyers who are opting for a low-maintenance lifestyle. With these properties, the upkeep of the shared amenities such as the pool, gym, and tennis courts is taken care of, along with the building’s exterior maintenance and the landscaping of the grounds. This means you’ll spend less time looking after your property, and more time enjoying it. (Click here to see The Landings condominiums for sale)

The Landings condos can be two or three bedrooms (some have a loft), overlooking Lake Charlevoix, and can be an upper or lower unit. Upper units have vaulted ceilings and command top dollar while lower-level units offer direct access to the beach.

Prices start around $250,000 and can go into the…

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Deer Lake is a moderately sized kettle lake located in south-central Charlevoix County. High hills stand between the lake and Boyne City to the north, Boyne Falls to the east, and East Jordan to the west. Deer Lake sits at the headwaters of Deer Creek, which is a major tributary of the Jordan River. Deer Creek begins as an outflow from the lake and flows nearly 10 miles west before its confluence with the Jordan River to the south of East Jordan. Deer Lake is, therefore, part of the Jordan River and larger Lake Charlevoix Watersheds. (Click here to see Northern Michigan's finest collection of Boyne Mountain vacation rentals)

Residents in the surrounding area value Deer Lake as an escape where one can go to enjoy a relaxing day on the water…

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Shredder with a gnarly reputation? Are you a novice rider? In the Mitten State, whatever your skill level, a wonderful glide awaits you. These are Michigan's top ski runs. (Click here to see all Northern Michigan Ski Lifestyle Homes for Sale)

Easy Cruisers

  1. LOIS LANE TO NORTH PEAK PASS // BOYNE HIGHLANDS
    The longest run in Michigan, at 1.25 miles, receives a firm green circle, indicating that anyone who can slide onto a chairlift and "build a pizza" with their skis should have no trouble going top to bottom. On a clear day, you can see the Mackinac Bridge from the top, but the pleasure of this race is the time spent on the hill. It's a no-frills look at the pure joy of being outside in Northern Michigan during the winter. There's ample ski time…

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