One of the most common questions I’m asked is if there is a way to sell an investment property, keep the money and defer taxes. If you’re like some of my clients, you’re ready to enjoy the fruits of the wealth you’ve amassed and you don’t want to pay the government a large capital gains…
A 1031 Exchange is a powerful tax-saving strategy that allows investment property owners to defer paying capital gains tax when selling property. To take advantage of this strategy, property owners must reinvest the sales proceeds into a “like-kind” investment property of equal or greater value and meet the conditions outlined in the IRS tax code.…
Regardless of what economic trends are taking place, Delaware Statutory Trusts provide investors a number timeless benefits for their 1031 Exchanges including deferring capital gains taxes, eliminating the headaches of active management (think the Three T’s: tenants, toilets, and trash), the ability to create a more diversified* portfolio, and provide investors the potential for consistent…
Owning investment real estate can be an effective way to build wealth and create financial security. Done properly, it can even generate stable, predictable income without significant management responsibility. However, often property owners need to rebalance their investments to achieve their objectives. Selling investment real estate to acquire different properties better suited to meet an…
There are a number of potential benefits associated with exchanging into a Delaware Statutory Trust (DST) 1031 property. However, it is important to note that these potential benefits should also always be carefully weighed with the potential risks that are possible with DST investments, and as with all real estate investments, investors should consult their…
Real estate investment has long been a popular asset class for individuals looking to expand their net worth with appreciation and cash flow that accrue over time. For many of our clients, those real estate holdings end up serving as a “personal property pension plan” – a nice nest egg that can provide financial security…
Someone much smarter than me once said that businesses that do not evolve are sure to get left behind. Who knew that he was talking about AOA members. That’s right. Here’s why. When an apartment owner decides to sell and wants to defer taxes, they think of a 1031. But in a 1031, you may…
If you owned investment property before 1986, you know how advantageous real estate once was as a tax shelter. The tax code has changed considerably, but there are still some unique tax features of real estate that, when combined strategically over time, have the potential to produce significant financial benefits for both you and your…
Rental properties can be a great investment, providing stable rental income and attractive property price appreciation. But for most rental property owners, there eventually comes a time when their financial and lifestyle needs change and no longer align with their property’s performance. When this happens, holding onto an investment property may no longer make sense,…