It's a risk vs. reward balance for them, I'd guess.It'll be very interesting to see how the sponsor and deal quality shakes out in this rapidly growing space.  

So, it seems that if you shake enough trees, that you will find a bank that will deal.

Yes, it is a partition suit, just be aware that no one is guaranteed to end up with a property, if you bring the action you can ask to buy the other interests, but the process isn't always a shake n bake.

For those that have invested with us in our developments (over 800 doors and $200M in sales) all but one out of state investor have flown in at least once to see the locations, economics of the area, traffic patterns, shake hands with the people involved (lender, broker, PM, builder sometimes, etc).  

I'm shaking my head in disbelief actually for the potential tax savings.

All of his posts had me shaking my head either east-west or north-south, that's for sure! 

When the dust settles we'll see how it all shakes out.   

About 10% of all census tract are QO Zones so this is a pretty wide swath of the nation.Benefits to the Investor:Deferral of the capital gain income invested until the earlier of the date the fund is sold or 12/31/202610% Basis step up in year 55% Basis step up in year 7After holding for 10 years, Basis = FMV and no gain is recognized on sale.There is still a lot that needs to shake out between here and there; but, (as of now) the only way to preserve the option of the deferral is to get funds invested into a QO Fund within 180 days.Hopefully your tax people are on the spot with this; but, it's so new, cut them some slack if they aren't. 

I shake his hand, "¡Hasta la revolución siempre!"

I'm shaking, and sick to my stomach and I could really use any help possible.