Have you ever wondered who owns all the apartment complexes, shopping centers, office buildings, and medical offices? It´s the big dogs like pension funds, real estate investment trusts (REITs), college endowments, foundations, insurance companies - and private DST investors known as accredited investors, like you! This book will show you how to transition from your current real estate investments, where managing the Five Ts (toilets, tenants, trash, taxes, and termites) becomes hands-off real estate investing where you can potentially make the returns the big dogs do. Cashing in Tax Free is the perfect guide to walk you through a capital gains tax deferred investment option, keeping your retirement planning in mind. It outlines the benefits, processes, and must-knows of 1031 Exchange and Delaware Statutory Trusts (DSTs). Professional Asset and Property Managers are experienced and proven experts who select, purchase, upgrade, and operate large-scale, institutional grade real estate to maximize cash flow and long-term returns. Some of these firms have been producing average annual returns in the range of roughly 12 percent and higher over the last few decades. Cashing in Tax Free will show you how the industry works, help determine if it´s a good fit for you, and guide you in choosing a professional advisor. Remember, not everyone holding a securities license is a real estate expert. There are few professionals in the country who specialize full-time in DST investing. Cashing in Tax Free also lets you peek into the lives and portfolios of several examples as they use this strategy to boost returns and diversify their holdings for added safety. The book details more sophisticated uses of Delaware Statutory Trusts, such as sequential 1031 Exchanges, maximizing depreciation and long-term estate planning concepts. 1. Language: English. Narrator: Tom Askin. Audio sample: http://samples.audible.de/bk/acx0/056043/bk_acx0_056043_sample.mp3. Digital audiobook in aax.
The United States has two separate banking systems today - one serving the well-to-do and another exploiting everyone else. How the Other Half Banks contributes to the growing conversation on American inequality by highlighting one of its prime causes: unequal credit. Mehrsa Baradaran examines how a significant portion of the population, deserted by banks, is forced to wander through a Wild West of payday lenders and check-cashing services to cover emergency expenses and pay for necessities - all thanks to deregulation that began in the 1970s and continues decades later. In an age of corporate megabanks with trillions of dollars in assets, it is easy to forget that America´s banking system was originally created as a public service. Banks have always relied on credit from the federal government, provided on favorable terms so that they could issue low-interest loans. But as banks grew in size and political influence, they shed their social contract with the American people, demanding to be treated as a private industry free from any public-serving responsibility. They abandoned less profitable, low-income customers in favor of wealthier clients and high-yield investments. Fringe lenders stepped in to fill the void. This two-tier banking system has become even more unequal since the 2008 financial crisis. Baradaran proposes a solution: reenlisting the US Post Office in its historic function of providing bank services. The post office played an important but largely forgotten role in the creation of American democracy, and it could be deployed again to level the field of financial opportunity. 1. Language: English. Narrator: Priya Ayyar. Audio sample: http://samples.audible.de/bk/blak/009128/bk_blak_009128_sample.mp3. Digital audiobook in aax.