Real Estate Professionals

Open Fences Magazine

Posted by on Feb 1, 2012 in Creative Real Estate Strategies News, Deferred Sales Trust, Non-profit Organizations, Real Estate Owners, Real Estate Professionals | 4 comments

The newest edition of Open Fences Magazine just came out. The digital edition can be found at www.openfences.comĀ  Its the best one yet. Don’t forget to go to page 96 and read my article on the Deferred Sales Trust. If you’re selling real estate, look into the DST as an option instead of just cashing out and paying taxes or as a Plan B when a 1031 exchange falls apart to prevent it from becoming immediately taxable.. Of course, if you’re interested in buying a $100 million ranch, call me…FAST! Or even a million dollar one. Great opportunities all over the...

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Tenant in Common (TIC) Owners Beware

Posted by on Jun 14, 2011 in Creative Real Estate Strategies News, Deferred Sales Trust, Real Estate Owners, Real Estate Professionals | 0 comments

Many real estate owners used tenant in common programs as a replacement property in their 1031 exchange. For a variety of reasons, the TIC may not have performed as well as had been anticipated and now the real estate sponsor is hoping to sell the TIC to other investors. When that occurs,the current TIC investors have to decide whether it makes sense to conduct another exchange or receive the proceeds and pay the taxes. Remember that if you decide to pay taxes, you must use the basis of the original property and not the basis of the replacement property. Even if you take a loss on the TIC,...

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