Fortitude's Insights

Important Fundamental Rules Regarding 1031 Real Estate Exchanges

Posted by Jeffrey Kiesnosk on Sep 26, 2018 10:59:22 AM

Fortitude Investment Group, LLC specializes in helping accredited investors nationwide locate securitized 1031 Real Estate replacement properties through its proprietary website www.1031dst.com .

www.1031dst.com is a web portal in which accredited investors can search out approved, diversified 1031 Delaware Statutory Trust replacement properties in multiple real estate sectors for 1031 exchange through national DST sponsors.

Fortitude Investment Group, LLC believes any accredited investor considering a 1031 real estate exchange utilizing a DST should understand some of the basic, but important, exchange rules.

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Topics: 1031 Exchange

Fortitude Investment Group, LLC Announces Another Successful Full Cycle 1031 Real Estate Exchange Utilizing the Delaware Statutory Trust

Posted by Daniel Raupp on Sep 26, 2018 10:56:47 AM
Fortitude Investment Group, LLC Is Proud to Announce Another Successful Full Cycle 1031 Real Estate Exchange Utilizing the Delaware Statutory Trust , DST, for Their High Net Worth Accredited Investors 

Co-Founders Daniel P. Raupp, Jeffrey A Kiesnoski and Jon Paul Cirelli of Fortitude Investment Group successfully facilitated a Full Cycle 1031 Real Estate Exchange utilizing the Delaware Statutory Trust, DST, for a high net worth, accredited investor with the recent announcement from Inland Private Capital Corporation disposition of a FedEx ground facility in Zionsville, Indiana.

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Topics: Delaware Statutory Trust, DST, 1031 Exchange

Disaster Relief IRS Issued Tax Relief & 1031 Extensions

Posted by niche on Sep 1, 2018 8:30:45 AM

Deadlines for completing a 1031 Exchange are straightforward. Once you close on the sale of your old property, you have 45 days to locate the new property that you want to purchase and 180 days to complete the purchases of the new property. However, when a catastrophic event that affects large numbers of people, such as hurricanes, tornados, wildfires, floods and terrorist actions occur, the government may issue tax relief extensions, which also may extend your 1031 deadlines.

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Topics: Uncategorized

1031 Real Estate Exchanges & Alternative Options

Posted by Jeffrey Kiesnosk on Jul 12, 2018 11:39:03 AM

Simply put, in the real estate industry, a 1031 real estate exchange is a switch of one real estate asset for another investment property that is not personal (such as a primary residence).

If you have a profit on an investment property that you are relinquishing, you will most likely be subject to capital gains tax. Depending on what state you live in, this tax can be north of 30%. Under current policy there is no limit to the amount of 1031 exchanges you can facilitate. In other words, “Swap till you Drop”.

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Topics: Delaware Statutory Trust, 1031 Exchange

Understanding Depreciation Recapture for your 1031 Exchange

Posted by Daniel Raupp on Jul 6, 2018 9:28:39 AM

Depreciation recapture is a significant factor in participating in a like-kind exchange. While capital-gains tax rates are currently at historical lows, tax rules require you to recapture the portion of the gain on the sale that relates to allowable depreciation over the period the asset was held.  Additionally, you must recapture it at a higher tax rate (typically 25%).

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Topics: 1031 Exchange

Dos and Don'ts of 1031 Exchanges

Posted by Daniel Raupp on Jun 28, 2018 10:15:36 PM
1031 exchange is a practice named after a section of the IRS tax code. It allows taxpayers to potentially defer capital gains taxes from the sale of a property if they meet certain conditions. Those conditions can be complicated, tricky and confusing. To make sure you’re on the right path, pay close attention to these do’s and don’ts as you set up a 1031 exchange.
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Topics: 1031 Exchange

Fortitude Investment Group, LLC. Executes Record Investment for a Family’s 1031 Exchange into a Delaware Statutory Trust (DST) Real Estate Portfolio

Posted by Daniel Raupp on Dec 11, 2017 5:48:11 PM

One might think that passive real estate investments are for the less sophisticated and smaller real estate owners and investors.  They would be wrong.  Daniel P. Raupp and his team at Fortitude Investment Group, LLC have just set an industry record by facilitating an investment of $176,000,000.00 worth of real estate proceeds from the sale of a portfolio held by a very successful and real estate savvy family who needed to complete a complex 1031 Exchange. This individual transaction had multiple moving parts and involved more than twenty entities and six branches within the family.

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Topics: 1031 Exchange

Condemned Property and a §1031 Exchange—What Makes Sense for the Landlord?

Posted by Daniel Raupp on Jun 14, 2017 3:18:29 PM

If a property will be condemned in the future and the landlord will receive a condemnation award, should they do a §1031 exchange with the proceeds and buy a new property? Or, would it make more sense for the landlord to…?

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Topics: 1031 Exchange

Attention Real Estate Attorneys, Certified Public Accountants, Investment Property Real Estate Brokers and Qualified Intermediaries!

Posted by Jeffrey Kiesnosk on Feb 17, 2017 4:25:42 PM

 

Author: Jeffrey Alan Kiesnoski & Daniel Raupp Co-Founders-Managing Directors of Fortitude Investment Group

www.1031dst.com

After speaking with real estate attorneys, CPAs, and investment property real estate brokers on a daily basis, we have come to realize that the majority of these professionals are unaware of the 1031 Exchange utilizing the Delaware Statutory Trust (DST) as a potential option for their accredited investor clientele who are in need of replacement properties.

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Topics: 1031 Exchange

Fortitude Investment Group, LLC Discusses What You Need to Know About 1031 Exchanges, and Why You Should Know It

Posted by Daniel Raupp on Nov 2, 2016 11:24:01 AM
While Section 1031 of the tax code is little known, it is starting to make its way into the lexicon of investors across the country.  Usually, they will say, "let’s 1031 that building." However, Section 1031 is not just for real estate – even though it is where it is most commonly used.  So, what is a 1031 and why do you need to know about 1031 exchanges?  This article will take a deeper look and try to give you some more insight on this fast-growing tax-free investment program.
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Topics: 1031 Exchange

About This Blog

With over 100+ years of combined experience facilitating 1031 exchanges, including the largest 1031 exchange utilizing DST’s in our industry, we are your trusted partners in helping you achieve success.  We believe that education and service matter, and we are committed to providing our clients with the resources required to facilitate the entire exchange process.

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