Nashville Real Estate Blog - Gary Ashton's Blog

information relating to real estate in Nashville Tennessee

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All Blog Entries by Gary Ashton

Found 562 blog entries published by Gary Ashton.

Understand the 1031 Exchange

Designed as a tax-deferral mechanism for real estate investors, a 1031 exchange empowers you to sell a property, acquire another, and delay capital gains tax on a real estate transaction. This guide will succinctly walk you through the process, from defining "like-kind" properties to measuring the importance of strict IRS timelines. We’ll cover the role of intermediaries and the crucial steps to maintaining the exchange’s tax-deferred status—giving you a clear road map to maneuvering these exchanges with confidence.

Key Takeaways

  • The 1031 exchange allows investors to defer capital gains taxes on property sales by reinvesting in like-kind properties within specific time frames, with strict IRS guidelines requiring adherence to a

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What is a Multi-Family Home?

In the busy world of investing in real estate, multi-family homes stand out as a compelling option for both seasoned and novice investors. These properties, ranging from duplexes to larger apartment complexes, offer unique opportunities that distinguish them from a single-family home. For investors, researching the benefits and drawbacks of different property sizes is key to finding what aligns with their financial objectives and personal preferences. To choose the right multi-family rental size, carefully evaluate factors such as budget, desired level of involvement, and long-term investment goals. This equips you with the knowledge needed to make an informed decision before venturing into the multi-family real estate market.

Investing in a

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Pros & Cons of Purchasing a New Construction Home

Buying a home that has never been lived in before can be a dream come true for many buyers. However, everything isn't as easy as it may seem, as the process varies when buying a new construction home or custom-built home versus buying a resale property. Keep reading to learn about the pros and cons of buying new construction homes and a few tips for avoiding the potential barriers and drawbacks of the process.

What to Know Before Breaking Ground

  • New construction homes offer personalization, modern amenities, and lower maintenance costs, but come with higher initial investment, longer wait times, and limited location options.

  • Homeowners must navigate financial considerations, such as higher upfront costs and property taxes in new

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Reasons to buy a condo when looking for a new home

Are you in the market for a condo? Before diving in, there’s much to consider—association rules, fees, and the right financing, just to start. This comprehensive guide cuts through the complexity, equipping you with what to know to start searching for condos, from assessing lifestyle fit to understanding the financials, ensuring your condo purchase is a step towards a rewarding investment.

Main Points

  • Condo living appeals to those seeking a low-maintenance lifestyle with built-in social communities, but it requires adjusting to shared living spaces and involves participation in a condo association with its own rules and responsibilities.

  • Engaging a specialized real estate agent in the condo-buying process provides expert

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How Expensive Is It to Live in Tennessee?

What does the cost of living in Tennessee look like in real terms? Whether you’re drawn by the allure of Nashville or the tranquility of the Smoky Mountains, it’s the practical details—like housing affordability, utility averages, and tax implications—that can ultimately sway your decision. This concise guide breaks down the living costs you’re curious about, setting you up for a smart and informed move to Tennessee.

Noteworthy Numbers

  • Tennessee’s cost of living is generally considered affordable, with an average home value around the $300,000 mark and rent prices falling 20%–30% below the national average.
  • Utility costs in Tennessee are quite reasonable, with an average electric bill of around $140 per month, while the average monthly
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Best Small Towns Near Nashville TN

Quiet lanes, historic storefronts, and welcoming atmospheres define the small towns near Nashville, TN. Within an easy drive, these havens offer diverse history, local arts, and outdoor bliss. From historic battle-scarred grounds to Leiper's Fork's artistic countryside, get ready to discover eight charming towns and their can't-miss highlights, each a world away from Nashville's clamor.

Small Standouts

  • Leiper's Fork invites visitors to unplug and revel in its vibrant art, live music, and outdoor adventures, promising an intimately rustic and culturally rich experience.
  • Bell Buckle captures the essence of Victorian charm and equestrian heritage, hosting unique cultural festivals like the RC Cola and Moon Pie Festival, offering a nostalgic
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Memphis, Nashville, and Knoxville Tennessee

Moving to Tennessee means lower living costs, zero state income tax, and ample job opportunities. You'll find strong communities, rich cultural activities, and genuine hospitality. From the allure of living in Nashville, the state's vibrant capital, to the best small towns, there's somewhere for everyone to make their home in Tennessee. Here, we'll guide you through the most important things you need to know to help you decide if you're ready to call the Volunteer State home.

3 Reasons Tennessee Is a Great Place to Live

  • Tennessee's strong spirit of volunteerism and history offers a welcoming environment for history buffs, nature enthusiasts, and those seeking a tight-knit community spirit.
  • The state's low cost of living and property taxes,
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Moving to Brentwood Relocation Guide

The city of Brentwood is just a few miles south of Nashville, the country music capital of the world. In fact, Brentwood is actually a suburb of the state's capital. Home to over 41,000 residents, Brentwood is well-loved by the individuals who have chosen to grow roots in the area. The city offers a number of restaurants, bars, parks, and activities for residents to enjoy throughout the year.

Despite its proximity to the large city of Nashville, Brentwood offers its residents a rural feel in most neighborhoods. For those planning a move to the area, the following information details all there is to know about relocating to Brentwood.

Table of Contents

  • Cost of Living in Brentwood
  • Brentwood Job Market
    • Popular Industries in the
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Best Parks in Nashville

Nashville has a surprising amount of recreational green space and waterways for a city with nearly 700,000 residents. The Cumberland River winds through northern Nashville, and the large Percy Priest Reservoir is just to the east of town. These waterways and the trees in and around Nashville homes set a very high bar for outdoor activities in Nashville. The city has about 120 parks encompassing more than 12,000 acres of space. Read on to discover some of the best parks in Nashville.

5 Reasons Why Nashville Parks are the Best

  • Diverse Landscapes: From iconic architectural landmarks to natural beauty, offering a variety of outdoor experiences.
  • Cultural and Historical Sites: Parks that double as educational venues, highlighting Tennessee's
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The Best Museums in Nashville, TN

Nashville, TN, is not just about music; it's also a treasure trove of museums that tell fascinating stories from various perspectives. Whether you're interested in history, art, or science, Nashville's museums offer something for everyone. These cultural landmarks are must-see Nashville attractions that take you on a journey through time, showcasing everything from ancient artifacts to modern masterpieces. Explore the rich heritage and creativity of this vibrant city through its most iconic museums. Discover Nashville's museums, where every exhibit opens a window to a new world.

Frist Art Museum

Located on Broadway in the building that once housed Nashville's first post office, the Frist Art Museum is dedicated to showcasing the finest visual art

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