STRUCTURE AND TAX IMPLICATIONS
GETTING INVOLVED WITH REIGS involves understanding the group's rules and requirements, including minimum investment amounts. Evaluating a group requires considering its track record, operational transparency, management experience, financial stability, and regulatory Joining a REIG compliance. Starting your own REIG is an option for those with a strategic plan and a clear vision for real estate ventures. THE BOTTOM LINE Real estate investment groups offer a collaborative approach to property investment, sharing risks and rewards. Whether joining an existing REIG or starting a new one, it's crucial to find a group that aligns with your investment goals, preparing you for a fulfilling journey in real estate. Michael Garrison is an investor, real estate entrepreneur, and construction industry consultant whose mission has been to
REIGs
typically
operate
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THE PROS AND CONS OF REIGS depreciation, while also bearing potential liabilities on property sales. Crowdfunding has also emerged as a modern approach to REIG structures, broadening investment opportunities. shares and are managed by a team, with shareholders having varying degrees of influence. Tax- wise, partnerships offer deductions for business expenses and partnerships corporations. Partnerships involve shared profits and losses, with tax implications directly affecting the partners. Corporations, alternatively, sell or Investing in REIGs allows pooling funds for larger real estate ventures, diversifying risks, and enhancing potential returns. However, challenges include restrictions on liquidating investments and management fees affecting profits. The success of an REIG largely depends on the management team's expertise, highlighting the importance of choosing the right group.
promote purpose, security, and success. He was once a radio celebrity and is also the executive editor at The Bellwether magazine. Connect with Michael on LinkedIn.
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