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Welcome > Resources > Trivia ...We've added these real estate trivia questions for your enjoyment. And you might learn something new in the process! Have fun...
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What famous example of post-colonial architecture is modeled after the palace of the Duke of Leinster in Ireland?
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The White House in Washington, D.C., begun in 1792 and burned by the British in 1814, was rebuilt in 1818 and restored in 1951.
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What high-profile rental property rents for $13,500 a month although the star hasn't lived there for over 20 years?
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Shirley MacLaine's name is still used to promote her Encino, CA, estate even though she hasn't lived there in years.
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What amenity do 48% of all homes in the new housing market have?
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48% of all newly-constructed homes now have 2 1/2 baths or more, up from 1985 when only 29% had more than 2 baths.
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What building has the largest windows in the world?
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The Palace of Industry and Technology in Paris, France has three matching windows, each 715 feet high and 164 feet wide and comprised of multiple panes of glass.
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On what famous American street can you find the most expensive retail space for rent anywhere in the world?
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Fifth Avenue, New York City, U.S.A. offers retail space for rent at the rate of $580 per square foot.
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Estate Trivia >
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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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- NUMBER1EXPERT 
