More Reasons To Invest In Self-Storage Facilities
Monday, November 20
Although it is definitely not as sexy as gleaming office buildings or sparkling shopping centers, self-storage facilities are appealing to more and more investors every day. Why? Because they are a rock solid investment that often turn out to be better than other kinds of real estate.Besides bein...
Proposed Tax Reform Bills Spare 1031 Exchanges
Sunday, November 19
This week we got the first glimpse into what tax reform may look like under the current administration. Most real estate investors were specifically concerned with proposed reductions or elimination of section #1031 and 1031 exchanges.But investors across the country are breathing a sigh of relie...
Constructive Receipt: A Hidden 1031 Exchange Danger
Thursday, November 16
When done correctly, a #1031 exchange can be a fairly straightforward process. However, there is often one area that catches potential exchangers off guard. The concept of constructive receipt often torpedoes the tax deferred nature of an exchange, and subjects the exchanger to immediate capital ...
Exchange Basics: What is Boot?
Tuesday, November 14
You won’t find the word “boot” anywhere in Section #1031 of the IRS tax code. Yet this term is one you must be familiar with when considering a 1031 exchange. Boot is an important concept to understand, because it has the potential to negatively influence the tax deferred nature of a 1031 exchang...
Why You Should Say Yes to a Self-Storage TIC
Friday, November 10
The concept of a self-storage tenancy in common investment is unique. It allows individual investors to co-own profitable self-storage facilities at a fraction of the cost of buying such a property on their own. This allows an individual investor to enjoy corporate-level returns, including monthl...
Tax Revision Proposal Targets Everything But Real Estate
Thursday, November 09
For real estate investors carefully watching Washington for signs of section 1031’s fate under proposed tax reform, the recent data coming out is letting most breathe a sigh of relief. It appears that Republican proposals will preserve #1031 exchanges for real estate.However, section 1031 won’t c...