James R. Zeitler

Investing in Cape May

Always an investment minded realtor, Jim Zeitler can help you find a place to put your money that might help your overall portfolio. Your dream of owning a second home in beautiful Cape May will be one of the better investments that you would make, too.

The strong rental market in Cape May makes it a unique place to invest your money. Obviously you would want to talk to your accountant, but with real estate, you have tax advantages that you just do not get with other investments. You just can't depreciate a stock every year to save on your taxes! Moreover, if you end up loving Cape May more than you think (and you will), and you want to sell the first rental house that you purchase and buy something a little closer to town or to the beach, you can participate in a 1031 tax exchange and forgo paying capital gain taxes while upgrading your rental property. You can also sell real estate that is not in Cape May and use this exchange as a vehicle to help you purchase your own place in Cape May.

(Don't forget, you cannot vacation legally for two weeks in your stock portfolio—your kids would hate you—but just think of owning your house a short walk to the beach, the sun, the sand, the beautiful town of Cape May, the restaurants, and the tax write-offs.)

Call Jim, get to know the town, and become informed by someone that knows the Cape May real estate market. You will comfortably find your Cape May dream house.

On a personal level, Jim enjoys Cape May as much as anyone: riding his bike around town, going to the incredible beaches, and just walking around town enjoying the unique energy that only Cape May radiates.