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Todd Talks
February 2008
I hope everyone is having a great start to the New Year. Although
we are just a few weeks into 2008, much has happened, in politics and the
economy, which has impacted both oil and gas and the real estate markets. For
those of you who own either of these assets 2008 is looking like it will be an
interesting year.
Softening TICs
In regards to the TIC market, things have been a bit soft. Credit
issues have affected lending which, in turn, has made it more difficult for
sponsors to acquire properties and create the TIC structures we have all become
accustomed to receiving. The good news is that there are some very good real
estate deals out there.
We are still seeing good opportunities in the TIC sector -
just fewer properties than we saw the last few years. This is not necessarily an
overall negative. It is likely there will be fewer sellers chasing Exchange
properties than there have been - so the smaller number of available properties
will not have a large impact doing an Exchange.
All the high-quality sponsors we work with have been
optimistic about their acquisitions for this year but they have also made it
clear there will be fewer opportunities.
Oil Opportunities on
the Rise
Just the opposite has occurred with oil and gas offerings for
the 1031 Exchange market. Those investments with solid fundamentals have been
very popular among 1031 investors and sold out fast. This increased demand has
brought into the market several new sponsors of these types of investments.
We have spent a great deal of time carefully evaluating
these new sponsors; visiting their offices to get a feel for their investment
philosophy and business practices. Some have looked good and some have not met
our standards. For those that have passed our due diligence test we are very optimistic
and excited about their offerings.
Contact me if you would like specific information on the
current and upcoming energy investments for your 1031 Exchange or Direct
Investment.
New Release First
Edition
On an author note, I am proud to announce in this issue the
completion of my first book,
Stomp the
IRS Out of Your Capital Gains.
The purpose of the book is to put into print pertinent information about 1031 Exchange investment alternatives and some
lesser known strategies to defer capital gain taxes. The book takes an in-depth
look at TIC real estate properties, Delaware Statutory Trusts, and oil and gas
investments that qualify for a 1031 Exchange. It is designed to help anyone who
owns investment property know and understand the options for a 1031 Exchange -
option you might not be aware of - so you can make an informed decision.
Special Offer to You:
My staff and I have worked on this for a number of months
and are excited to now have it published. For those of you who receive this newsletter
we are offering a special price of $13.95 which is 30% off the retail price. This
offer will only be available for a limited time so please take advantage of it.
For more information on my new book or to place an order, go to Stomp the IRS out of your Capital Gains .
Until next time, keep it in the fairway, take it one swing
at a time and dont forget to stop and smell the roses!
Sincerely,
Dirk
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