Multifamily Rentals Continue to Drive Housing Market
The rental market continues to drive housing's recovery—36% of U.S. households opted to rent in 2015, the largest share since the 1960s.
Potential for Repeal of Section 1031
You might think that the current efforts to repeal or reform the Affordable Care Act have nothing to do with real estate investing. However, health care reform is the last bridge that Congress needs to cross before they can turn their attention to comprehensive tax reform.
U.S. Needs 4.6M New Apartments by 2030
Delayed marriages, an aging population and international immigration are increasing a pressing need for new apartments, to the tune of 4.6 million by 2030, according to a new study commissioned by the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA).
Rewriting the Narrative On Apartment Demand And Oversupply
We can scrap the talk of the apartment market becoming over-saturated — at least in the long term. A new report has determined that the US will need to build more than 4.6 million new apartment homes across a range of price points by 2030.
Expanded Insurance Coverage, Aging Population Broaden Outlook
ACA widens number of insured individuals, increases need for medical services. Expanded healthcare coverage and an aging population are boding well for the nation’s medical office building segment.
Stuffed! America’s Obsession with Stuff
America is stuffed with stuff. Over the last few decades rentable storage space in the United States has grown to a whopping 2.5 billion square feet. That’s 7.3 Square feet for every man, woman and child in the nation.
Using TIC Ownership For Maximum 1031 Tax Benefits
Setting up a TIC well in advance of making a 1031-exchange transaction will legitimize it as a business decision rather than merely a means to avoid taxation, helping investors avoid red flags to the IRS, speakers at the IMN Multifamily Forum say.
Passco Acquires Brand – New Phoenix Area Apartments for $52M
Passco Companies LLC has acquired a 218-unit multifamily property in Scottsdale for $52.52 million, which it is naming “Luxe Scottsdale.” The property was recently developed by the seller, Atlanta-based Wood Partners.
Why Multifamily DSTs May Continue to Perform Well Going Forward
Low inventory is restraining sales of existing single-family homes, which rose in January by just 3.7 percent from last year. Despite an uptick in listings, the supply of available homes for sale held firm at a record-low 3.6 months.
Failure to Launch: Young Adults Increasingly Moving In With Mom and Dad
More than a fifth of millennials have yet to move out from under mom’s and dad’s roof – a dynamic that likely made Mother’s Day plans easy to coordinate but doesn’t bode particularly well for the economy at large.
Delaware Statutory Trusts in connection with 1031 Exchange
A large part of the American Dream has always been to own real estate, whether it be your principal residence or a direct investment in owning land or other rental real estate.
The Surge in U.S. Mansion Prices Is Now Over
The six-bedroom mansion in the shadow of Southern California’s Sierra Madre Mountains has lime trees and a swimming pool, tennis courts and a sauna — the kind of place that would have sold quickly just a year ago, according to real estate agent Kanney Zhang.
What is a Delaware Statutory Trust 1031 Exchange?
For many people who begin investing as young adults, it often mattered little what the investment was so long as it was generating a profit. As a result of this, investors who are now officially baby boomers or senior citizens often have long-held real estate investments in their portfolios.
Benefits of DST Property Investments
Delaware Statutory Trusts (DSTs) began in 2004 with the IRS Revenue Ruling 2004-86. Each DST is a separate legal entity and each investor receives “beneficial interests” in the DST or trust for IRS 1031 purposes.
5 Steps to Complete a Successful 1031 Exchange
You must follow the IRS Section 1031 Guidelines to complete a successful full tax deferral on the sale of rental property. Corcapa 1031 Advisors can help you with your successful 1031 exchange in 5 steps below: