Let us break this down 1.A bunch of investors give money to an organization 2.Who uses that money to purchase buildings 3.On a certain date, money is passed back to the investor 4.This all equals a REIT Now let us piece this together; first, a bunch of investors give money to an organization, (like crowd-sourcing). Now that organization uses that money to purchase buildings, usually in a specific area...
Emoji Finance Friday: 1031 Exchange
Let us break this down 1. You buy a property (for rental income) 2. After some time the property value goes up 3. You decide to sell the property 4. Your property makes you some money #moneyface 5. You look and identify other investment properties within 45 days 6. You use the money to buy a new property within 135 days after that (Total 180) 7. Finally exchanging the two properties - Now lets piece...