In a time when property sales are beginning to heat up again in hot markets across United States, many sellers are stuck with selling their properties only to make lateral moves for the sake of completing their 1031 exchange. What many sellers, along with their professional real estate attorneys, CPA's and Qualified Intermediaries are not…Read more
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Fortitude Investment Group, LLC. executes record investment for a family’s 1031 Exchange into a Delaware Statutory Trust (DST) real estate portfolio. www.1031dst.com has successful DST sales in excess of $180,000,000.00 in Q4 2017.One might think that passive real estate investments are for the less sophisticated and smaller…Read more
If a property will be condemned in the future and the landowner will receive a condemnation award, should the landowner do a §1031 exchange with the proceeds and buy a new property or should the landowner go forward with a §1033 exchange? What is the best choice?The §1031 option may be restrictive. With the §1031 exchange, the landowner cannot take possession…Read more
ATTENTION REAL ESTATE ATTORNEYS, CERTIFIED PUBLIC ACCOUNTANTS, INVESTMENT PROPERTY REAL ESTATE BROKERS AND QUALIFIED INTERMEDIARIES!Author: Jeffrey Alan Kiesnoski & Daniel Raupp Co-Founders-Managing Directors of Fortitude Investment Group www.1031dst.com I…Read more