Ok landlords, we have given you lots of compelling reasons for exchanging out of your left coast properties for a more user-friendly environment in the sunbelt/red states. However, you may be asking yourself how does this all work? Here goes. We all know that Section 1031 of the Internal Revenue Code provides real estate ownersRead more
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Like lemmings jumping off a cliff into the sea, Oregon Senate Democrats in pretty much a straight party line vote approved a proposal for the “first-of-its-kind statewide rent control policy (Senate Bill 608), as well as new restrictions on evictions.” Landlords can count on the fact that social justice warrior in chief Tina Kotek willRead more
I can’t help but feel that DST properties and the whole concept of Delaware Statutory Trusts is going to become much more germane to Oregon rental housing owners very soon. If you haven’t already informed yourself regarding their benefits and risks, you’d better get started. This is because the march of doom has begun. TheRead more
Portland 1031 exchange With T.J. Starker and Starker Forests, Inc., Oregon is fortunate it can lay claim to having birthed the modern like-kind real estate exchange. God knows Portland area landlords are going to need it. The systemic stripping away of landlord rights as evidenced by the Portland City Council in its “emergency” ordinance requiringRead more
Most folks considering a 1031 exchange don’t realize this one major income tax benefit left to real property owners all started here 40 years ago. In 1979 Portlander T.J. Starker changed the tax-deferred like-kind exchange industry forever when he sold timberland to Crown Zellerbach, Inc. in exchange for a contractual promise to acquire and transferRead more
All Sponsors Are Not Created Equal For those of you that have newly come to DST, it is critical to understand not all property sponsors are created equal. There is a natural tendency on the part of investors to assume that all property sponsors/managers are equally good, otherwise they would not be in the space. Read more
How long do asset prices go up? As long as interest rates go down. It’s as simple as that. When global central bankers mandated zero interest rates (for which there is no historical precedent) it was intended to re-inflate asset prices: stocks, bonds, real estate, etc. This policy worked admirably. When you make holding cashRead more