What Happens When It's Time For Me To Sell My Investment Property?
There are two general paths that you can take when it comes time to sell your investment property. One is to defer capital gains taxes and invest all of your gains into another property. The other is to cash out and do whatever you like with the money from your investment property sale. But for that flexibility, you’ll have to pay taxes on capital gains. In this article, we’ll look at both options so you can decide which may be right for you.
Recession Resistant Property Types Part II
In our first article on recession-resistant property types, we went over a broad range of property types that tend to perform well during a recession. In this article, we’ll look at three more types — office, medical office, and retail. We’ll also compare certain subgroups that performed poorly during the last recession with other subgroups that fared much better.
Forbes Real Estate Council: Your 180-Day Clock Isn't What You Think It Is
Our Chief Executive Officer, David Wieland, published a piece on his Forbes Real Estate Council column, entitled "Qualified Opportunity Zones: Your 180-Day Clock Isn't What You Think It Is."
What Eligible Capital Gains Can I Invest In Opportunity Zones?
Opportunity zones (OZs) provide an opportunity to invest capital gains in real estate while deferring tax payment on those gains. It’s important to know which capital gains are eligible. Otherwise, you might invalidate your OZ (opportunity zone) tax benefits. In this article, we’ll dig into the details of what makes an eligible opportunity zone capital gain.
The Impacts Of A Recession On Real Estate: Part 2
Coronavirus has caused a stir in the international socioeconomic climate, wrecking havoc both in the form of lives and economies since its widespread discovery early 2020. In this blog, we take a look at its potential impact on several real estate sectors — namely healthcare, hospitality, and senior living.
Some Opportunity Zone Funds Get Extra 24 Months to Deploy Their Funds
Eligible qualified opportunity funds (QOFs) got a boost from the federal government with a 24-month extension for deploying working capital. This is on top of the 31-month working capital safe harbor (WCSH) that is included in the program regulations. To better understand how and where the 24-month extension applies, let’s first go over the 31-month WCSH.
The Impacts Of A Recession On Real Estate: Part 1
COVID-19 (more commonly known as Coronavirus) has ushered us in a full-fledged health crisis and an economic crisis. The immediate impact has been quick and easily recognizable. However, second and third order effects are harder to anticipate and not yet fully realized. All markets will be impacted by indirect effects, though to what degree is harder to predict.
Petition To Partition: When Co-Tenants Just Can't Agree
Imagine the following. You decide to buy an office building with three other acquaintances through a tenant-in-common (TIC) agreement. The four of you like the idea that the TIC structure will allow you to choose a beneficiary to which your share can pass to, if you die.
The IRS Extended The 1031 Deadline, But Should You Wait?
Late in the week of April 6th, the Internal Revenue Service (IRS) extended the deadline for 1031 like-kind exchanges for those falling between April 1 and July 15, 2020. This was in response to the COVID-19 virus and the difficulty that the “shelter in place” order caused for 1031 investors who were in the process of buying and securing financing for a replacement property. While this extension is great news, and takes unnecessary pressure off of those in a 1031 exchange, it might not be the best solution for everyone. Let’s consider the options below.
What Happens If My 1031 Exchange Falls Through?
A 1031 exchange has a stringent timeline and set of rules to follow. This leaves little room for error. Even the best-prepared investor can get caught off guard. When that happens, what will you do for a backup?
