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Description:
Make it easier to retire. Protect your wealth, simplify your finances, and avoid unnecessary taxes. Our services include financial planning, 1031 exchange, life insurance, tax planning, estate planning, real estate investment, trusts, and fixed and variable annuities. |
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Services:
Kucher Tax And Financial Planning provides services such as financial planning, 1031 exchange, life insurance, tax planning, estate planning, real estate investment, trusts, and fixed and variable annuities.
1031 TIC Exchanges & LLCs
Delivering Wall Street Investments to Main Street Investors
Grubb & Ellis Realty Investors has been one of the nation’s leading sponsors of securitized 1031 tenant-in-common (TIC) exchanges since its founding as Triple Net Properties in 1998. The company is acknowledged as one of the founders of this industry and helped securitized TICs emerge as a viable investment sector. In 2001, just $167 million of equity was raised in the TIC industry, a figure that has mushroomed into billions of dollars raised annually. Grubb & Ellis Realty Investors has taken an unprecedented 51 TIC programs full-cycle since 1998 (through February 2008).
1031 Tenant-in-Common (TIC) Exchanges
A 1031 exchange is a transaction in which a taxpayer is allowed to sell one property, buy another, and defer taxable income on the sale. Section 1031 of the tax code provides for like-kind exchanges, one of the best strategies for the deferral of capital gains taxes which would ordinarily arise from the sale of real estate. A section 1031 exchange defers the recognition of the capital gains tax from the sale of a real estate investment, leaving the property owner with substantially more proceeds to purchase a replacement property than they would have without the 1031 exchange.
The Internal Revenue Service’s Revenue Procedure 2002-22, issued in 2002, created the opportunity for undivided fractional interest in real estate and more importantly qualified tenant-in-common (TIC) ownership for use in 1031 tax-deferred exchanges. The marriage of TICs and 1031 exchanges has proven to be a popular one, as more and more owner-managers of real property are now able to sell and reinvest into institutional properties that provide stable income, while avoiding the headaches of active management. |
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Products:
At Kucher Tax And Financial Planning we make it easier to retire, protect your wealth, simplify your finances, and avoid unnecessary taxes. |
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Memberships:
New Life Community Church |
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