1031 exchange company: What is TIC investment property?
- 06/04/08 05:42 AM
Investing in real estate was probably one of the best investment decisions of your life. Now, current vacancies, demanding tenants, and minimal income are several issues that are compelling many investors to seriously consider other alternatives. A TIC investment is a form of property ownership where multiple investors pool their funds to own an undivided interest in real estate. As a TIC owner, an investor has an undivided fractional interest in one property and shares in a portion of the rental income, costs and deductions, liabilities, and asset appreciation (if any). Each TIC owner receives a separate property deed and title … (0 comments)
1031 exchange company: 1031 Exchange Company.
- 05/08/08 05:56 AM
If you were to exchange your investment property utilizing the benefits of IRC Section 1031, you can defer the tax on the gain, allowing reinvestment of all your equity in to one or several investment properties. In these transactions, 1031 exchange companies (Qualified Intermediaries) are required by the IRS to hold onto the cash proceeds until investors identifies the new replacement property and closes escrow within 180 days. Since exchange companies are not regulated at both State and Federal level with the exception the State of Nevada, increasingly, there are more and more abuses committed by such companies out there. … (0 comments)
Self-directed IRA transactions, investments, retirement administrator. Over 20 years of experience, and have performed over 5000 transactions passing all IRS audits and reviews. Adelphi Retirement Management, Inc.
Investing in real estate was probably one of the best investment decisions of your life. Now, current vacancies, demanding tenants, and minimal income are several issues that are compelling many investors to seriously consider other alternatives.;)
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