I'm so excited that everything is on track for my launch of the "Interview with the Pros" series. You can plan on seeing it live in the next week!
Here's just a peek of what you'll learn in Part III - The TIC Sponsor Co Vice President. It went so long with such good stuff, it'll be broken into 2 segments. Zach Roberts will discuss:
• What exactly is a Tenant in Common Property and how are they associated with 1031 exchanges
• How it differs from a TIC partnership and provides more safeguards for owners
• The Capital Gains tax treatment of 1031 exchanges and how it differs from other gains saving options
• The potential risks of 1031/TIC exchanges and how to lower them
• How easy is it to get out of TIC ownership
• What is the current market for reselling TICs and which ones sell fast
• What kind of income can you expect, and when could can change
• What are the differences between TICs sold as Securities and those sold as Real Estate and why should you care
• Which types of contracts you might have and what you should make sure is in them
• How big of a say do you get in ownership decisions if you are the smallest investor
• What type of costs are involved
• What are “assumptions” and why these can make or break an investment
• How much money do you need to purchase a TIC
• How available are properties and can you meet your deadlines in choosing one
• Questions you need to ask during “due diligence” and what happens if you don’t
• How does the IRS feel about 1031/TIC exchanges and what is required to not have them invalidated
• What you can do to feel comfortable with the property you are buying into even if it is located in another state
There is so much good information in these interviews they are priceless. Stay tuned for the sneak peek at part IV.
Paula Straub
www.savegainstax.com
askpaula@savegainstax.com
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