How Will We Be Remembered – Legacy of Deceit, Selfishness and Denial or Solving Unsustainable Problems? – by Terry Moore, CCIM

A poignant cartoon shows two desperate shipwreck survivors in a life raft. We see the circling sharks, but not at the lifeboat’s other end. One says, “Look at them bail! It’s a shame there’s a hole in their end of the boat.” Every level of government has trillions of unfunded liabilities: debt, pension and healthcare…

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How Rent Control Drives Out Affordable Housing Part II – by William Tucker

Recent Rollbacks Nevertheless, rent control is proving vulnerable. On January 1, 1997, Boston, Cambridge, and Brookline became the first major American cities to abandon rent controls since 1950. The process was not altogether voluntary. The initiative came from a statewide campaign organized by Boston and Cambridge property owners, who put up a state ballot initiative…

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Delaware Statutory Trust 1031 Exchange Insights – by Chay Lapin, Senior Vice President, Kay Properties and Investments

Recently, a client in a 1031 Exchange with $4,000,000 of equity was working with another registered representative and talking to a sponsor directly. In talking with Kay Properties and Investments, they learned that we specialize in Delaware Statutory Trust (DST) 1031 Exchanges and that we have access to a variety of DST properties from many…

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An Alternative to a Failing Section 1031 Like-Kind Exchange Transaction – by Charles Lee

Since the modern-day version of the U.S. Internal Revenue Code (the “IRC”) Section 1031 was amended in 1954, real estate investors have used Section 1031 like-kind exchanges to defer gains on their sale of real property.  Section 1031 exchanges allow sellers to exchange investment real property with other like-kind investment real property without the payment…

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