Advisor Practice, Real Estate

A Reverse Mortgage Is An Arrow In The Quiver, But Maybe Not The First To Be Pulled

By on

August 24, 2023

- Category : Advisor Practice, Real Estate

- Tags :

I was going through my email inbox and this article from Financial Advisor caught my eye. I have been an advocate of reverse mortgages as a supplement to retirement income for over fifteen years. I am aware of the risks and drawbacks, but the characteristics of the arrangements can be beneficial to certain retirees. The article addresses the advantages and the disadvantages of the financial contracts in a straightforward manner, which I found helpful. I bring write this because I have seen an uptick in marketing messages promoting reverse mortgages,SEE DETAILS

1031 Exchange, DST, Real Estate, Single Member LLC, TIC

DST is not the only 1031 Exchange Solution

By on

June 27, 2022

- Category : 1031 Exchange, DST, Real Estate, Single Member LLC, TIC

- Tags :

When the IRS acknowledged the Delaware Statutory Trust (DST) as a direct investment in real estate as opposed to a security, it became the vehicle of choice for advisors and their clients executing a 1031 exchange. The DST offered relatively small investment minimums, access to institutional type properties, convenient debt financing, and familiar marketing. On the other hand, DSTs are restricted from certain activities: Capital improvements, new or renewed leases, new or refinanced debt.Kiplinger recently published an article describing the five types of investors that should NOT invest in DSTs. SEE DETAILS