To find the center of Portland’s city life, look no further than The Civic Condos located walking distance to Portland’s Pearl District and Downtown. And if you can’t reach your destination by foot, the Tri-Met bus lines and MAX trains are a hop, skip and jump away.

The Civic condos will bring 16 stories of sheer elegance with a retail plaza at street level to accentuate the already thriving diverse street scene. Brushed steel and wood veneer wall panels will decorate the inside. Glass window walls that actually open and Juliet balconies can also be found in select units.

This phenomenal Portland Condo development will be the definition of urban living with a conscience. From studios to penthouses, The Civic Condos will be LEED compliant with an emphasis on using recycled and locally-sourced constructions materials. Prices will range from $225,000 to $1 million, and will surely make you feel good about where you live!

The Portland Condo market will be redefined with the addition of luxury condo development, The John Ross, located at Portland’s South Waterfront. The John Ross will tower 31 stories from the ground with 303 Park, Tower and Penthouse homes.

This premier Portland Condo development will encompass views of the river, city, mountains, and western hills. Each home will be defined by clean modern design contrasted with rich warm textures. If you have never owned a Portland Condo, The John Ross may be just what you are looking for.

Homes are now selling and range in price from $250,000 to $4 million. NewCondosOnline.com is pleased to be a part of what is sure to be Paradise in the Portland Condo market!

If you haven't heard, the Dubai Real Estate market is rapidly emerging as one of the premier markets to own property in.  Recently, several real estate gurus have made comparisons of the Dubai real estate market to that of Las Vegas before the mega casinos and hotel/resorts and Florida before the take over of Walt Disney.

With just over 30% of the worlds cranes currently siting in Dubai for high rise construction, the condo market of Dubai offers a wide varitey of amenities at affordable price points.  From the white sandy beaches to the amazing night life, owning a piece of paradise might be easier than you think...

If you own investment real estate, when the time comes to cash in on your hard earned equity, you may be surprised to find that the capital gains tax may dramatically cut into your net profit.  Currently the Federal Capital Gains tax rate sits at 15%.  If you live in the great state of California, go ahead and tack on another 9.3% for a combined rate of approximately 25%.  And don’t forget about the depreciation recapture tax on top of your capital gains tax.  This one’s a real sleeper.  Federal Depreciation Recapture Tax is at 25% and in the state of California, you can go ahead and tack on another 10%; combined Depreciation Recapture Tax of 35%.  So what exactly does all this mean?  Let’s look at an example:

Let’s say you bought your California Condo in 1987 for $150,000.  In 2007, your property is now worth $650,000.  You now have accumulated about $500,000 in equity.  Awesome! The time has come to sell the property and cash in and the golden egg.  The tax consequences might look something like this: