Our Chief Executive Officer, David Wieland, just published a piece on LinkedIn, entitled "1031 Exchanges and COVID-19." The piece is an extended explanation of our recent letter to the United States Secretary of the Treasury Steven Mnuchin urging the Treasury Department and Internal Revenue Service to delay the deadline for like-kind (IRC §1031) exchanges.
Retail real estate has traditionally been an attractive asset for the cash flow oriented investor. Long-term leases with minimal operating expenses are designed to provide steady, predictable cash flow over a long-term horizon, while providing a layer of diversification on one’s real estate portfolio. Retail real estate does have its weaknesses, however, which typically come out around times of economic distress. With the addition of the coronavirus pandemic, the sector is presented with additional challenges that may have not been evident during the last recession in 2008. Fortunately for the sector there may still be opportunity for gains, as essential retail and e-commerce thrive, and relief is provided to consumers and businesses alike through the Coronavirus Aid, Relief, and Economic Security (CARES) Act.
Lease arrangements can be complex, but there is a specific group of well-known lease types that provide a few options for tenants without too much complexity. These are called net leases. In this article, we’ll discuss what a double net lease is and how it compares to other net lease types.
Portfolio allocation is one of the main components of portfolio construction. Understanding how positions should be allocated across a portfolio can help ensure that an investor is not overly exposed to one position that could potentially do significant damage to the portfolio.
Qualified Opportunity Zones (QOZs) are not right for everyone. Despite the numerous potential benefits, like any investment, there is no perfect solution. Before investing in QOZs, you should consider the following elements and decide if QOZs are right for you.
Is it possible to truly avoid capital gains tax? If, by avoid, you mean defer and reduce, then the answer is a definite yes. If structured correctly, some capital gains can completely avoid taxes. At some point, the IRS will come looking for their share. When the time comes, there are a few ways to hand over less and, in some cases, none at all. Here are five of them.
Successfully executing a 1031 exchange requires thorough planning. The keyword here is planning — you’ve identified at least one property before closing on the relinquished property, and now you are wondering what happens after closing. In this article, we’ll describe the different events that occur after closing, along with a few important steps to keep an eye on.
On Wednesday, we issued a letter to United States Secretary of the Treasury Steven Mnuchin urging the Treasury Department and Internal Revenue Service to delay the deadline for like-kind (IRC §1031) exchanges.