The Auto Parts Segment as a Net Leased Investment Strategy

At this point in the economic cycle it’s good to look for more recession proof businesses as your tenant in a net lease investment. Specifically, with regards to the auto parts segment, the last recession took a huge bite out of new car sales and the next one will do the same. Typically, the economic […]

Northgate Retail Rezoning for 250 Acres in Sunbury Approved

Retail Rezoning On Wednesday, April 6th, the Sunbury Village Council unanimously approved rezoning for 250 acres as part of the 1000 acre retail, residential, office mixed use development Northgate Centre from agricultural to commercial. The rezoning decision was passed as an emergency. Many residents expressed concern at the measure passing as an emergency, but village […]

Miami, Tampa, Orlando, Jacksonville, Tallahassee, Daytona, Florida NNN, Triple Net Retail, Single Tenant, Net Lease, Listings 1031

Miami, Tampa, Orlando, Jacksonville, Tallahassee, Daytona, Fort Meyers, Clearwater, Pensacola, Gainsville, Florida NNN Triple Net Retail Single Tenant Listings 1031 Available are Walmart Neighborhood Markets, CVS, Walgreen, 7-11 and Circle K.  All NNN absolute net or triple net, single tenant, properties with long credit, corporate leases. All are just about perfect 1031 exchange uplegs.  If you’re […]

Dallas, Houston, Austin and San Antonio Texas NNN Triple Net Retail Single Tenant Listings 1031

Dallas, Houston, Fort Worth, Amarillo, Austin and San Antonio, Texas NNN Triple Net Retail Single Tenant For Sale Listings 1031 Available are Walmart Neighborhood Markets, CVS, Walgreen, 7-11 and Circle K.  All NNN absolute net or triple net, single tenant, properties with long credit, corporate leases. All are just about perfect 1031 exchange uplegs.  If you’re […]

1031 Exchanges – The Four Basic Rules

1031 Exchanges Given the glut of triple net retail, single tenant, S&P BBB rated or higher, replacement properties that have come on market over the last couple of weeks, we have plenty of net leased Walmarts, Walgreens, CVSs, 7-11s, etc. available, and at decent cap rates with long 10+ year leases. These are as perfect […]

New Tax News for 2016 Regarding FIRPTA

FIRPTA increases from 10% to 15%. Currently if a foreign person sells United States real estate the buyer is required to withhold 10% of the gross sales price and remit this to the IRS. However pursuant to the Protecting Americans from Tax Hikes Act of 2015 closings as of February 16, 2016 the FIRPTA will […]

1031 Buyer Requirement – Triple Net Retail or Absolute Net Retail, National Credit, Single Tenant – $1.3 to $2.6 Million

California exchanger in day 4 of 45 day identification period looking for triple net retail properties for sale or absolute net retail investment.  $1.3 mil needs to be replaced to $2.6 mil under the 200% 1031 rule. Must be credit tenant, preferably single tenant, NNN, triple net leased retail with at least seven years unexpired left […]

California Franchise Tax Board Denies 1031 Exchange

The California FTB (Franchise Tax Board) has gotten more aggressive challenging 1031 exchanges. A practice that has been and is commonplace has just caused a taxpayer to have his exchange disallowed.  It used to be that a partial distribution of funds held by the QI (qualified intermediary) was considered boot with resultant capital gains taxes due […]

Will IRS Section 1031 be Repealed?

Section 1031 has been around since 1921, but will it make it to 2021?  There are serious moves in congress underway to dramatically scale back or repeal the section on like kind 1031 exchanges and not just from Democrats. As many folks know, IRS section 1031 allows an investor to defer the recognition of capital […]

Buyer Need for Triple Net Leased Retail – 1031 exchange

IRS 1031 exchange in 45 day Identification period looking for $3 to $4 million, national credit, preferably single tenant, NNN, triple net leased retail with at least five unexpired years left on net lease.  Prefer absolute net.  Corporate, single tenant 7 Eleven is fine.  Fast food and fast casual fine if corporate lease or large […]