Investment pool a hands-off option
Russ Wiles
The Arizona Republic
Many investors will go a long way to skirt taxes, especially in real estate.
The latest proof of this? New investment pools have emerged that utilize tax-free property exchanges with a securities twist.
These complex and upscale deals, known as "tenants-in-common" investment pools, combine the tax, income and other benefits of real estate with passive ownership. Of note, they can be used by small-scale real estate owners who want to sell their properties while avoiding the capital-gains and depreciation taxes that would normally apply.
Tenancy in common is a way to hold real estate in which each investor receives an undivided, fractional interest in a property, whether it's an office tower, warehouse or whatever. Each owner receives title, the ability to depreciate his or her share of the property for tax purposes
I'm seeking a 1031 investor to participate in funding a real estate transaction. The transaction is in Illinois (Northwest of Chicago) and has a contract for which the total amount requested is 30 million dollars. There is a full business plan available to investors from the CPA, it has complete development details, and will be a five year commitment. The returns are realistic and are for a 60/40 split with the investor receiving 60%. If you know of anyone who qualifies, please let me know.The transaction is ready now.
Posted by: Ray | August 31, 2005 at 03:17 PM
I'm seeking a 1031 investor to participate in funding a real estate transaction. The transaction is in Illinois (Northwest of Chicago) and has a contract for which the total amount requested is 30 million dollars. There is a full business plan available to investors from the CPA, it has complete development details, and will be a five year commitment. The returns are realistic and are for a 60/40 split with the investor receiving 60%. If you know of anyone who qualifies, please let me know.The transaction is ready now.
Posted by: Ray | August 31, 2005 at 03:18 PM