Pros & Cons of TIC Real Estate Investments
Sunday, October 29
If you’re an investor looking for ways to grow your real estate portfolio, but lack the large sums of cash required to purchase more expensive, more lucrative properties, joint ownership might be for you. The most common ways are Delaware Statutory Trusts and Tenancies in Common. Of the two, TICs...
Important Deadlines In Every 1031 Exchange
Saturday, October 28
If you’re thinking about completing a 1031 exchange for investment or business real estate, you should have a thorough understanding of all the deadlines involved. Failing to meet even one can jeopardize the tax-deferred nature of your transactions.The good news is there are really only two key d...
What is a "Drop & Swap" In a 1031 Exchange?
Tuesday, October 24
When real property is held by a partnership or limited liability company, often disagreements can arise among the partners as to how to handle net proceeds when the property is sold. Some investors want to conduct a #1031 exchange while others simply want to sell for cash.When competing interests...
Tenancy in Common Simplified
Wednesday, October 18
Tenancy in Common (TIC) is a way for two or more individuals to have an undivided fractional ownership interest in a single piece of real property. With a #TIC, each owner has individual rights and obligations related to the property. These rights equal the proportionate share of the owner’s inte...
6 Tips for Identifying 1031 Exchange Replacement Property - Part 2
Monday, October 16
Yesterday, we shared with you some tips on properly identifying replacement property in your exchange. Today, we conclude this series with a few final thoughts. Each should become a requisite part of your process, so that your #1031 exchange does not fail due to an error in identifying replacemen...
Six Tips for Identifying 1031 Exchange Replacement Property - Pt. 1
Sunday, October 15
The IRS is strict when it comes to applying the rules governing 1031 exchanges. Every year, hundreds of proposed exchanges fail because the investor fails to meet one of the requirements set forth in the code.One of the biggest areas where mistakes are made? Identifying the replacement property.T...