All Forum Posts by: Marcus Kuhnert

Quote from @Mo Karim:

You want to make sure your capital is protected so I think sponsor and the deal is very important. Did you find a syndication that'll take 1031 money? Most wont.

 We would NOT be using a 1031 exchange, because like you said, most syndicators won't accept anything under $500k to 1031 into their deals.  

Quote from @Mo Karim:

@Marcus Kuhnert Can you give us a bit more details? Have you vet out the sponsor and the deal for the syndication?

 Yes, for example, we have $100K in capital gains from the sale of one of our properties.  We invest that into a syndication where we are considered passive LP investors.  With the deductions that get passed thru to us as investors from the syndication OFFSET the initial $100K we had from the sale of our property?  The sponsor and type of syndication is irrelevant I would think.  

First off, I have already contacted my CPA and am waiting to hear back, but thought I'd ask this crowd to see if there is anything to add-

My group plans to sell off some rental properties over the next few years - these are properties we have held for longer than one year.

We would like to use these proceeds and invest into syndications who would perform cost seg/depreciation.

My questions to the group are:  are proceeds from the sale of our rental properties considered "long-term capital gains and also passive"?

and will the cost seg/deductions from the syndications offset these "long term capital gains"?

Are these like-for-like types of gains and monies?

What am I missing?

As the title states, who do you all recommend for Limited Partner Syndications that accept 1031 exchanges?  Bonus if the minimum is not too lofty (<$500K).  

Question for those in the RETA group - has anyone done an analysis on the pre-sale RETA-pricing versus pricing offered by either the developer or third party sales groups?  

A quick check of a recent offering shows a delta of around $50K for RETA pricing on a 2/2 condo in Mexico.  That alone may be worth considering their pre-sale offerings.  

I know these deals are advertised toward "investors" and Ronan touts "big gains" post-delivery, but I'd imagine a good majority of buyers are interesting in holding (and using) their units long term, while renting them out along the way to receive some form of yield compensation. 

What is the point of purchasing property through an LLC when you could put it in your name at a longer term and lower rate? And then transfer it into an LLC after a few months of payment? What am I missing? Is the only reason for buying with an LLC because the property has more than four units?

Worst case you refinance and use equity to invest in another property?

I’m not sure what you’re charging now, but a rent increase of $25-50/month per unit would take care of it for you. In Tosa, the annual increase would almost be expected. Regardless, let me know if you’re considering selling your unit. 

Hello, I am wondering if anyone knows and can recommend a general contractor in SE Wisconsin who specialize in flipping houses?  Do these types of GC even exist?  Any info is appreciated.  

Hello! I stumbled across this portfolio of properties (176 in total, see the spreadsheet) in a bustling area of Milwaukee.  I am running the numbers and trying to make sense of them.  At the prices listed, it doesn't appear that they will cash flow.  Am I correct?  

http://www.loopnet.com/for-sale/multifamily/?bb=1x1h4g994Jq-h489D

http://images3.loopnet.com/d2/NSkuaeXyIOG5oXwokquL...