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Investment in real property - RealtyPro Metro Denver, Ltd. offers seminars and working sessions for the first-time investor as well as the seasoned professional. RPMD conducts informational meeting for the general public and other real estate professionals at its Denver facility.
Currently, RPMD is featuring a 90 minute presentation on TIC's (Tenant-In-Common) investing which allows the investor to participate in the acquisition of institutional size and quality property usually only affordable by the very wealthy or large institutions. The IRS decreed in 2002 that TIC investors could utilize the benefits of Section 1031 of the IRC (See below) thereby making this type of investment very attractive and profitable.
Because RPMD had received numerous requests from past clients to offer this type of service, the investment division was created. Most companies that offer this type of investment opportunity require that the individual invest a minimum of $100,000. RPMD management felt that this dollar requirement put this lucrative investment vehicle out of reach of the average person wanting to acquire property of a sufficient size to enable passive participation on the part of the individual investor. Therefore, RPMD has created an opportunity for indiviuals with as little as $10,000 US to be a TIC participant.
Real property investing remains the major vehicle for the creation of wealth in this country. It is the basis of more fortunes than all other types of investments combined! Why not call John Starke and learn how you can begin building your fortune in real estate today?
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The professionals at RealtyPro Metro Denver have joined forces with Asset Preservation, Inc., a nationally "Qualified Intermediary" to bring state-of-the art exchange techniques to all our clients. John Starke, one of the founding members of INTEREX, (International Exchangers Association) has been involved in hundreds of exchanges since 1979. John will be your contact person and handle all the details of your exchange using the staff at Asset Preservation, Inc. as the qualified intermediary. |
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Listed below are five of the major reasons that exchanging your property may benefit you. |
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PRESERVATION OF EQUITY
A properly structured exchange provides real estate investors with the opportunity to defer 100% of both Federal and State capital gain taxes. This essentially equals an interest-free, no-term loan on taxes due until the property is sold for cash! Most often, the capital gain taxes are deferred indefinitely because many investors continue to exchange from one property to the next, dramatically increasing the value of their real estate investments with each exchange! |
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LEVERAGE
Many investors exchange from a property where they have a high equity position or one that is "free and clear" into a much more valuable property. A larger property provides greater depreciation benefits, which therefore increase an investors return on their investment.
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DIVERSIFICATION
Exchangers have a number of opportunities for diversification through exchanges. One option is to diversify into another geographic region such as the exchanging of one apartment building in Denver, Colorado for two additional apartments - one in Los Angeles, California and the other in Dallas, Texas. Another diversification alternative is acquiring a different property type such as exchanging from several residential units to a small retail strip center.
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MANAGEMENT RELIEF
Many investors accumulate several single family rentals over the years. The on-going maintenance and management of what can be a far-reaching group of properties can be lessened by exchanging these properties for one property better suited to on-site maintenance and management. Exchanging into a single apartment complex with a resident manager is a good example of this strategy.
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ESTATE PLANNING
Often a number of family members inherit one large property and disagree about what they want to do with it. Some want to continue holding the investment and some desire to sell it immediately for cash. By exchanging from one large property into several smaller properties, an investor can designate that, after their death, each heir will receive a different property which they can either hold or sell.
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Call the knowledgeable exchange professionals at RealtyPro Metro Denver for a complimentary consultation regarding your specific investment objectives. | |
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