Real Estate

Partnership Strategies in a 1031 Exchange

By |2019-10-11T10:38:52-06:00June 19th, 2019|1031 Basics, Real Estate, Tax Tips|

 - What to do when some partners want to do a 1031 exchange, but others don't -   A frequent call to our company goes like this: “Five of us own an LLC. The LLC, in turn, owns a piece of real estate held for investment. It has a substantial gain in the property and

Single Member LLCs as Tenants in Common

By |2019-09-10T23:37:50-06:00January 15th, 2019|Investment Strategies, Real Estate, Tax Tips|

- Why Tenants in Common (TIC) structure is advantageous for 1031 exchange investors -     The limited liability company (LLC) is a relatively young creature created by State statutes. By contrast, the concept of owning an asset as "tenants in common" (TIC) is centuries-old, much of it dating back to English law. In a