The Epic American Credit and Bond Bubble Laboratory Message Board

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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: shades who wrote (38281)	8/9/2005 10:12:35 PM
From: Broken_Clock	Read Replies (2) of 110194

he's right about the "like kind". Real estate basically is one of two types. Type 1 is your primary residence Type 2 is anything else...-g- Questions to ask on TIC. Is your service bonded? For how much and by who? There is a TIC company loosely associated with Fidelity National Title that looks pretty good. They have a bonded guarantee in cap rate at 6.5-7.5%. You get to browse their offerings... Remember also that 1031 exchange cos. are NON-REGULATED!!!!! Had one near here where the 2 employees walked with $2,000,000 of 1031 money. The owner was left holding the bag. The property owners didn't even have a bag to hold. The owner wasn't charged because he didn't break any laws. Just had thieves working for him. The feebs picked up one of the guys in Vegas but his cut was gone. -g- The other disappeared with new ID out of country. I rec IPX1031. There fees are cheap, they have tax lawyers on staff to answer your gas & oil questions, etc. And they are bonded. Another Fidelity National co.

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