All Forum Posts by: G. NA

I am no expert like John but I can offer a little assistance.
A quick Google search on tic tax benefits should give you some answers like what I posted below.

A TIC 1031 Exchange allows you to exchange your management-intensive property for an institutional-quality property with the potential to generate steady income, tax benefits and appreciation.

Interesting. I see TIC being used for investment pools to purchase apartments, etc. I may have to look into it.

0 Votes

Thanks!

0 Votes

Originally posted by "mariya":

I am a 25 years old female and want to get out of my parents home, I don’t want to waste money on rent but right now I have only $10,000, So here I am looking for your suggestion that where should I go for this? Hope you will help me.
Thanks in advance!

You're going to need to post more information to get any valuable reponse from us. Where do you want to buy? How much is the house you want? What is your income? Will you have roommates?

0 Votes

Originally posted by "Tbone77":

Hey ph, can you explain your comment further? Where is the tax benefit coming from?

Mortgage interest, insurance, and depreciation can be written off.

0 Votes

Originally posted by "PNW":

As far as I am concerned, you can keep the entire town of Modesto, and I'll throw in Merced, too.

Wake me up when prices in San Diego County are 50% off on properties within 5-10 miles of the coast, any where from San Diego to Del Mar.

It is true. The inland areas of CA (Central Valley, Inland Empire, etc.) are more susceptible to RE meltdown as opposed to the coastal areas.

0 Votes

I've heard good and bad things about Wachovia. They are fairly new here in So. Cal, so I'm not up to speed on them.

Anyone have an opinion?

0 Votes

I do enjoy this site and I voted for it.

0 Votes

John - do members of TICs get tax benefits, or are they silent partners?

0 Votes

With declining values in tough markets, I am seeing more of a tax benefit for owning a rental.

0 Votes

LoopNet is the best site I know of for finding commercial properties online.

0 Votes

All Forum Posts by: G. NA

G. NA has started 1 posts and replied 13 times.

Post: Are TIC'S a good ?

Post: Wachovia commercial lending

Post: I want to buy a house

Post: Top 5 Reasons to Buy Rental Property

Post: CA "Central Valley" prices down as low as 50%

Post: Wachovia commercial lending

Post: -------> Challenge For You! <-------

Post: Are TIC'S a good ?

Post: Top 5 Reasons to Buy Rental Property

Post: Commercial Web Searches