The Realized Team’s Picks
DST Sector Battles Excess Inventory as Investor Demand Slows
In a recent Wealthmanagement.com article concerning DST inventory levels and sector considerations, Realized Chief Investment Officer Drew Reynolds commented on the positive aspects of slowing growth in the DST market from the investors' perspective. You can find the entire article here and a recap below.
Where Can I Get a Medical Power of Attorney Form?
Medical Power of Attorney (MPOA) is one example of the individual categories within a type of authority that includes general power of attorney, durable power of attorney, and more. Designating a power of attorney (POA) means giving another person the authority to act on your behalf. The power you confer could be limited or extensive, indefinite, or temporary. While granting an MPOA does not typically require a lawyer, having a legal witness to the document is vital.
Can You Depreciate an Opportunity Zone?
An opportunity zone is a real estate investment with potential special tax advantages. Depreciation is one of the biggest tax benefits for any real estate investor. Since an opportunity zone already has tax benefits, how does it treat depreciation?
Delaware Statutory Trusts and LLCs: What's the Difference?
The concept of real estate is straightforward. Simply defined, real estate describes tangible property that includes land and anything permanently attached to it or built on it. This includes improvements and buildings. Natural formations are also part of this definition. The trees fronting a rental home, landscaping that improves the look of an office building – all of this falls under the category of real property.
How Does a Step Up in Basis Work with a Qualified Opportunity Zone?
The purpose of the Qualified Opportunity Zone program is to direct some of the trillions in investors’ capital gains toward economic revitalization in federally designated Qualified Opportunity Zones. In response, those investors receive a bevy of potential tax deferral benefits. One of these benefits was the step-up in basis. We say “was” because the final basis step-up benefit came to an end on Dec. 31, 2021.
Understanding Private Placement Offerings and Delaware Statutory Trusts (DSTs)
Delaware Statutory Trusts (DSTs) can offer many advantages to investors. They can provide the potential for portfolio diversification by offering access to institutional-quality real estate.
Does Depreciation Restart after a 1031 Exchange?
When investors do a 1031 exchange, their basis carries over into the replacement property. They are also able to continue taking the annual depreciation expense. But does the depreciation restart or change from the existing schedule once the replacement property is acquired?
Can a Qualified Opportunity Zone (QOZ) Offset Short-Term Capital Gains?
The idea behind the Opportunity Zone program is that individuals and entities are encouraged to direct their capital gains from the sale of capital assets toward a Qualified Opportunity Fund (QOF). In return, the individuals and entities can receive certain tax benefits. One benefit involves the possible deferral of capital gains taxes.
How to Report a Reverse 1031 Exchange on a Tax Return
Reporting a reverse 1031 exchange on your tax return doesn’t require too much work above a regular 1031 exchange. However, if you have done more than one reverse 1031 exchange, you’ll need to file forms for each one, which can certainly add to your workload at tax time.
From Managing Tenants to Managing Wealth: Helping Clients 'Retire' from Active to Passive Real Estate Investing
Realized co-founder and CEO David Wieland wrote this article on the potential opportunity for wealth advisors to assist their clients with tactics for successfully transitioning from direct real estate ownership to passive real estate investments. You can read the full article at financialplanning.com.
