TIC (Tenants In Common) Investments

[EconProf]

Since we are talking about taxes and capital gains, a couple of points:
1. Federal cap gains tax rates are about to take a huge jump from the current 15%, effective at the end of this year. So anyone contemplating the sale of an appreciated property should get going now with the sale.
2. CA cap gains are HUGE compared to most states, where sometimes it is zero. In selling a property recently, I was shocked to see it was about 40% of the Fed. amount. And escrow was forced by law to withhold an amount that will greatly exceed my CA tax liability, send it to Sacramento, which will keep it a total of 1 1/4 years until I file my CA taxes and get most of it back (probably in an I.O.U.) Thanks, Sacramento.

[clearfund]

Taxes going up is exactly why we advised clients to forgo the 1031, pay your gains at the low rate, and have the left over free of any restrictions, AND get that debt repaid and off your back!

There is a big mantra about how people borrowed too much, etc…however, the exchange rules MANDADED/FORCED you to replace your debt with an equal (or greater) amount which prevented you from every paying it down but taking on larger and larger amounts of debt.

[clearfund]

Taxes going up is exactly why we advised clients to forgo the 1031, pay your gains at the low rate, and have the left over free of any restrictions, AND get that debt repaid and off your back!

There is a big mantra about how people borrowed too much, etc…however, the exchange rules MANDADED/FORCED you to replace your debt with an equal (or greater) amount which prevented you from every paying it down but taking on larger and larger amounts of debt.

[clearfund]

Taxes going up is exactly why we advised clients to forgo the 1031, pay your gains at the low rate, and have the left over free of any restrictions, AND get that debt repaid and off your back!

There is a big mantra about how people borrowed too much, etc…however, the exchange rules MANDADED/FORCED you to replace your debt with an equal (or greater) amount which prevented you from every paying it down but taking on larger and larger amounts of debt.

[clearfund]

Taxes going up is exactly why we advised clients to forgo the 1031, pay your gains at the low rate, and have the left over free of any restrictions, AND get that debt repaid and off your back!

There is a big mantra about how people borrowed too much, etc…however, the exchange rules MANDADED/FORCED you to replace your debt with an equal (or greater) amount which prevented you from every paying it down but taking on larger and larger amounts of debt.

[clearfund]

Taxes going up is exactly why we advised clients to forgo the 1031, pay your gains at the low rate, and have the left over free of any restrictions, AND get that debt repaid and off your back!

There is a big mantra about how people borrowed too much, etc…however, the exchange rules MANDADED/FORCED you to replace your debt with an equal (or greater) amount which prevented you from every paying it down but taking on larger and larger amounts of debt.

[clearfund]

‘buy low sell high’ is too hard for most folks…people prefer the ease of ‘buy high, sell higher’.

it works…until it doesn’t.

[clearfund]

‘buy low sell high’ is too hard for most folks…people prefer the ease of ‘buy high, sell higher’.

it works…until it doesn’t.

[clearfund]

‘buy low sell high’ is too hard for most folks…people prefer the ease of ‘buy high, sell higher’.

it works…until it doesn’t.

[clearfund]

‘buy low sell high’ is too hard for most folks…people prefer the ease of ‘buy high, sell higher’.

it works…until it doesn’t.

[clearfund]

‘buy low sell high’ is too hard for most folks…people prefer the ease of ‘buy high, sell higher’.

it works…until it doesn’t.

[34f3f3f]

Clearfund, you’ll have to excuse my ignorance, but aren’t you supposing everyone doing an exchange has a loan. What if you’ve paid off your loan, and/or are a cash buyer? But whatever, I take your point that TICs being a vehicle specifically designed for exchanges. Getting back to LLCs, and pool investing, I’d (and maybe others here) would like to know a little more about how that works. Risks vs rewards etc. Hope you don’t mind using the forum? PM me otherwise.

[34f3f3f]

Clearfund, you’ll have to excuse my ignorance, but aren’t you supposing everyone doing an exchange has a loan. What if you’ve paid off your loan, and/or are a cash buyer? But whatever, I take your point that TICs being a vehicle specifically designed for exchanges. Getting back to LLCs, and pool investing, I’d (and maybe others here) would like to know a little more about how that works. Risks vs rewards etc. Hope you don’t mind using the forum? PM me otherwise.

[34f3f3f]

Clearfund, you’ll have to excuse my ignorance, but aren’t you supposing everyone doing an exchange has a loan. What if you’ve paid off your loan, and/or are a cash buyer? But whatever, I take your point that TICs being a vehicle specifically designed for exchanges. Getting back to LLCs, and pool investing, I’d (and maybe others here) would like to know a little more about how that works. Risks vs rewards etc. Hope you don’t mind using the forum? PM me otherwise.

[34f3f3f]

Clearfund, you’ll have to excuse my ignorance, but aren’t you supposing everyone doing an exchange has a loan. What if you’ve paid off your loan, and/or are a cash buyer? But whatever, I take your point that TICs being a vehicle specifically designed for exchanges. Getting back to LLCs, and pool investing, I’d (and maybe others here) would like to know a little more about how that works. Risks vs rewards etc. Hope you don’t mind using the forum? PM me otherwise.

[Author]

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