Remove 2004 Remove Insurance Remove Legal Remove Tools
article thumbnail

Inside Redfin’s unique, brave and vulnerable business model

Housing Wire

“And so, because of that, we had to make our agents independent contractors and terminate their pension plan and health insurance.”. Some agents, like ones at RE/MAX , even pay the brokerage fees for office space and marketing tools. Nary an eye was blinked – much less legal action was taken – over these brokerage’s business moves.

Business 370
article thumbnail

What is a 1031 Exchange? A Beginner’s Guide

Property Metrics

Diversification : A 1031 Exchange can be used as a tool to diversify an investor’s real estate portfolio because the rules don’t require a one-for-one swap. IRS Ruling 2004-86 allows for the exchange of sales proceeds into something called a Delaware Statutory Trust (DST). What is a Delaware Statutory Trust? Summary & Conclusions.