Can I Make My Children Tenants-in-Common (TICs)?
There are several appealing factors of investing in real estate. For instance, the ability to potentially earn passive income makes real estate investing one way to generate wealth. In fact, around 90% of the world’s millionaires have real estate investments somewhere in their portfolios, largely because it allows them to seek passive income. Additionally, real estate investing can provide an opportunity for you to build generational wealth that can set your family up for financial success for generations.
What Are the Rules Around 'Boot' in a 1031 Exchange?
1031 exchanges allow investors to defer capital gains tax on their real estate sale proceeds. Instead of simply selling your property for capital assets, you take the proceeds from your sale and reinvest them into a replacement property.
Annuities: What You Need to Know
There are several avenues investors can take when pursuing long-term opportunities that can provide steady income over time.
What Is a Private REIT?
Private and publicly traded real estate investment trusts (REITs) both focus on the ownership, financing, and operation of commercial real estate, but many of the similarities end there.
Cost Segregation and 1031 Exchanges: What You Need to Know
A great deal has been written about 26 U.S. Code § 1031, both by us and other sources. Better known as the “1031 exchange” or the “like-kind” exchange, Internal Revenue Code Section 1031 allows for the “exchange of real property held for productive use or investment” as a tax deferral strategy.
Does Marriage Override Tenants-in-common?
Tenants-in-common structures are a way to share ownership of commercial or residential properties with others. This form of tenancy offers individuals and couples benefits and rights that aren’t granted through other forms of ownership such as joint tenancy.
What Is a Perpetual Life NAV REIT?
The early 1990s were a tough time to invest in commercial real estate.
What Are the Benefits of Investing in Tenants-in-Common Property in California?
Real estate investing is one of the more broad types of investing that investors have available to them. Investors understand the potential importance of a diverse portfolio, and real estate can help provide that. One such example is found in investing in tenants-in-common (TIC) properties. It's important to understand what these properties are and how they can benefit California real estate investors that are interested in further diversifying their investment portfolio.
What Is Federal Income Tax Liability?
Federal income tax is the largest source of revenue for the U.S. government, totaling $2 trillion in 2021, and is paid on a yearly or quarterly basis by individual taxpayers and organizations. Federal income tax applies to all forms of earnings that make up your taxable income, including wages, salaries, commissions, bonuses, tips, investment income, and types of unearned income.
Can a CPA Do a 1031 Exchange?
A 1031 exchange allows investors to swap one investment property for another to defer all capital gains taxes. However, there are strict rules and timelines that investors must follow (including who can facilitate an exchange) to complete an exchange.
