exchange allows deferred payment of capital gains tax
Monday, June 30, 2003
By Dave DeWitte, Assistant Financial Editor
CEDAR RAPIDS -- A California firm sees fertile fields in Iowa for
a tax and estate-planning tool that is helping some Iowa farmers
sell their property for retirement without a big tax bill.
Argus Realty Investors, LP is one of several companies marketing
“tenant in common” real estate investments for use with Internal
Revenue Code Section 1031 tax-deferred real estate exchanges.
Arise as Interest Grows in TIC Exchanges
Wednesday, June 25, 2003
Building Value / By Ray A. Smith
Some industry participants also are trying to create a
tenant-in-common association. "We have to establish a code of
ethics, a code of conduct to make sure we're meeting all our
fiduciary and legal responsibilities," says Argus Realty President
Timothy E. Snodgrass, who will be chairman of the TIC trade group.
Property 'swap' gives investors income source
Monday, June 23, 2003
After years of being landlords, Steve and Sue Taylor no longer were
interested in the time and effort involved in managing two rental
homes in Lehi.
But if they sold the properties, the couple faced a big federal
and state income tax bill of more than $200,000 because the value
of the 6 acres upon which the homes had been built had climbed in
value over the years to $1.1 million.
"We wanted another type of investment that we didn't have to worry
so much about and still have some income," Sue Taylor said. "But
we did not want to pay so much in taxes."
See how Argus provided the solution.
Realty Buys Desired VA Industrial Property
Thursday, June 12, 2003
Investors looking to get quality, stabilized industrial properties are
using the back-door approach with sellers more frequently. But in
this tight real estate market, expect buyers to pony up
substantial, non-refundable deposits and remain aggressive to
prevent sellers from marketing the property publicly where they
might easily get a better price. Argus Realty Investors
makes its first Mid-Atlantic acquisition by obtaining the
Worth Avenue Technology Center in Woodbridge, Va., from
Macfarlan Real Estate Investment Management for
more than $23.5M.
Technology center sold
Tuesday, June 03, 2003
From staff writers
"This is an excellent example of how the conversion of a retail
building can meet all the multi-functional requirements of a large
employer in this market ranging from a government services
business to major manufacturers with U.S. military contracts,"
Jean Murphy, Argus Realty's vice president of acquisitions-East
investors who want to do a Sect. 1031 exchange and get out of
prop. mgmt can now do so-carefully
Wednesday, March 19, 2003
By Donald Jay Korn
Tim Snodgrass, chief operating officer of Argus Realty
Investors in San Juan Capistrano, Calif., estimates that TIC
exchanges raised around $500 million of investors' equity last
For more information on this matter or if we
may be of further assistance please contact us for a free consultation
by calling us at 1 (800) 781-1031
or (714) 939-1031 or
by e-mail at
Security investments offered
through Sandlapper Securities, LLC. (Member FINRA, SIPC)