How to Use the Tax Code to Keep Your Real Estate Wealth Stable During Retirement
Realized CEO and co-founder David Wieland discusses in CPA Practice Advisor how investors can utilize a 100-year-old tax shelter to exit actively managed properties and reinvest the proceeds into passive real estate investments such as DSTs.
Can You Sell Multiple Properties in a 1031 Exchange?
There is nothing special about selling multiple properties in a 1031 exchange (also called a forward exchange). However, it can be more difficult than a single property exchange. Compared to a single property exchange, there can be more properties and people involved. This means far more to juggle and maintain, all while trying to beat deadlines. Let’s walk through what this type of transaction might look like.
What Kind of Capital Gains Can You Invest in an Opportunity Zone?
The Opportunity Zone Program was included in the Tax Cuts and Jobs Act of 2017 to redirect capital to lower-income neighborhoods.
What are the Tax Benefits of Investing in a DST?
Some DSTs (Delaware Statutory Trusts) have distributions of income. This income has tax implications. For most investors, DST income will be taxed at the investor’s ordinary income tax rate. But there is more to DST income taxation. Let’s dig in to see what it’s all about.
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.
