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.
What Are the Qualifications for a Certified Exit Planning Advisor (CEPA)?
A Certified Exit Planning Advisor (CEPA) is a professional advisor with specialized training in helping business owners navigate transitioning out of their businesses. The goal is to maximize the value of their business and minimize risk during the exit process.
How To Change a Medical Power of Attorney
Power of Attorney (POA) is a universal term that can refer to different grants of authority. Often a POA designation is made to facilitate one person representing another in business, financial, and legal matters (although the person granted a POA is typically not an attorney). However, perhaps the most common usage of POA is for medical and healthcare purposes. In many cases, the grant is called a healthcare proxy, and every state has some regulations covering this special-purpose declaration.
How Delaware Statutory Trusts (DSTs) Can Diversify Your Real Estate Investment Portfolio
In many cases, portfolio diversification can help support a successful investment strategy. The right moves can help potentially spread risk and generate steady returns. The idea behind portfolio diversification is that investors shouldn’t put all of their investment eggs in a single basket (in other words, avoid investments in similar investment vehicles).
What is Tax Alpha?
When someone invests in a stock, their goal is to see a positive return on the investment. Investing in an S&P 500 fund means market returns. In other words, this fund should return the same as the S&P 500 index, the fund’s benchmark.
Understanding Delaware Statutory Trust (DST) Termination and Liquidation
We’ve written many blogs concerning Delaware Statutory Trusts (DSTs) and potential investment advantages. DSTs are real estate investment vehicles that buy and manage real estate. Through this process, DSTs can offer investors access to institutional properties with a relatively minimal investment.
What are Strategies for Business Exit Planning When the Business Owns Real Estate?
Growing a business typically takes a ton of time, energy, and equity. Regardless of where your clients are in the growth cycle of their enterprises, it’s important they have well-defined exit strategies in place. These strategies can be used as a roadmap to help guide them through crucial business decisions, as well as provide an end-goal target for all of their efforts.
