This bothers me as it is akin to buying/selling stocks or putting $100 on red or black at the casino.

The only way to make money over the long haul with Casinos is to simply own one.Poker is a good way to make money, because you aren't playing the house, you are playing others.

The prices are not outrageous and there is a lot of planned construction going on including casinos.

The frustrating part of 1031 exchanges is that there are many gray areas within Section 1031 of the Internal Revenue Code and Section 1.1031 of the Treasury Regulations and all of the related Revenue Rulings and Procedures.

This program utilizes an interest only (interest is capitalized into the mortgage) construction loan that automatically converts to a 40-Year Permanent fixed rate mortgage upon completion of construction.90% Loan-to-Value40 Year amortization40 Year Term (no balloon)No maximum loan amountLow, fixed interest rate, based on market spreads over the Ten Year Treasury yield.

I was recently looking at some news articles about Biloxi MS, ever since the hurricanes last year it appears as though the casinos are now able to build on land.

These include corporate and government bonds, Treasury Bills (“T-Bills”), and Certificates of Deposit (CDs).

Income taxes due from depreciation recapture can not be deferred into the following income tax year and are due in the taxable year in which the Investor disposed of (sold) his relinquished property.It will depend on whether the Tax-Deferred Exchange Agreement used by the Qualified Intermediary for the Investor’s tax-deferred like-kind exchange transaction includes the required language contained in Section 1.1031 of the Department of the Treasury Regulations prohibiting access to the 1031 exchange funds until the following income tax year.The ability to defer the recognition and reporting of the taxable gain into the following income tax year depends on when the Investor has the right to obtain access to or receive the benefit from his 1031 exchange funds.For example, if an Investor disposes of his relinquished property as part of a 1031 exchange and the relinquished property disposition closes on December 1 of any taxable year, the 45 calendar day identification deadline and the 180 calendar day exchange period are both in the following income tax year.

Project Types: •Commercial Real Estate •Hotel Resorts and Casinos •Alternative Energy (solar, wind, geothermal, hydro, biomass, waste conversion, etc.) •Hospitals and Health Care Facilities •Infrastructure (roads, highways, rail, etc.) •College and University Buildings •Public-Use Facilities •Recreational Facilities •Retail •Apartment Buildings •Industrial •Mixed-Use Commercial •Office •Other Related Types Size: $1 Million Minimum; 1 Billion some deals more than a Billion depending on the deal 10B Max.

Okay, any sound investor including whatever bank or money source is behind this can make more than 2% on their money with a government backed treasury bond, so why would they loan out their money at 2%.