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Downsize into Vacation & Retirement Homes |
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 1031 Exchange Alternative: Retirement & Vacation Home Acquisition
Our Fun1031 Program promotes downsizing strategies with the use of 1031 exchanges, alternative exit strategies, and the principal residence exclusion. Through our analysis of their real estate portfolio and estate planning objectives, we assist our clients, over time, to downsize out of their investment properties without paying exorbitant capital gains tax and transition their equity into second homes and retirement homes both domestically and internationally.
If you have a desire to begin exit strategies out of your investment properties and look at ways to transfer that equity into vacation homes or your future retirement home, we encourage you to contact us. Let us help you fulfill an ultimate retirement lifestyle. Tell us your ideal dream on our “Search For Property” and we will help you make it happen….without paying exorbitant taxes along the way.
 1031 Exchange Alternative: Magic Moments
Our “Magic Moments Program” is unique to the second home and fractional home industry. We invest in second home markets that are on the rise and are still affordable. We don’t believe you have to invest in Florida or Arizona to find a retreat that will leave you with lasting memories. Some of the best investments and some of the best memories are at locations most people haven’t heard of or offer experiences people only dream of. Our Magic Moments Program provides an opportunity for our clients to declare their wish list on our website and leave the rest to us. Jump into our “Search For Property” database and identify your dream home now. You can be assured that it will meet with the following standards:
- Affordability
- Location, location, location
- Uniqueness, uniqueness, uniqueness
- Upside appreciation
- Access to an airport
- Stable community
- Accommodations for two families
- Offers two master suites
- Availability of management services
1031 Exchange Alternative: Project Development
Our legal team will provide a structure and specific criteria necessary to qualify real estate projects for 1031 Tax Deferred Exchanges. Licensing will be required for these approved projects and rights granted to advertise “Certified FUN 1031 Approved”.
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Free Cash or The Principal Residence Exclusion. What Does that Spell? The Good Life.
I recently wrote an article that predicted Congress, with their need to create money to pay off the national debt, would compromise the step up in cost basis upon the death of a property owner. Currently, when you die, your property is transferred to your kids at its true market value vs. its original cost basis. That may no longer be true and your heirs may get stuck with a hefty tax bill. So, suggesting that this may happen, what should you do?
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Small Town USA: A Second Home Gold Mine For months now, clients and visitors to our website, www.fun1031.com, have asked, “what exactly do you do?” Well, it is time to put any questions to rest. I will first start with my philosophy and then explain our strategy; that way you will understand the method to our madness.
After years of promoting Oregon real estate as a good investment, I was forced to reconsider my position several years ago. I worked off a very simple model that required a 20% down payment and a rental income that would pay the bills and generate an 8% cap rate. That worked well when homes with three bedrooms with two baths were selling for $165,000. Now that same house is selling for $325,000 and it doesn’t pencil unless you rely exclusively on the appreciation as your return on your investment. My philosophy has always been, “the numbers have to make sense at the time of acquisition (not on the come) and any appreciation in value or rental income is your reward.” |
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