Kardam Investment Properties in Los Angeles
Our company assists investors of all capacities to navigate the complex distressed real estate market in Greater Los Angeles area. Kardam acquires value-add and opportunistic real estate and carefully strategizes the highest cash-on-cash returns to investors with a short payback period. Our current investment portfolio includes foreclosures, REOs (bank owned foreclosure) and Short Sales. Services provided for cash investors include guidance in implementing 1031 exchange and Real Estate IRAs in the acquisition process. These tools can provide you with important tax-free or tax-deferred benefits.
The biggest advantage of a 1031 exchange is that you can avoid having to pay capital gains taxes on the sale of an investment property. In order to perform a successful 1031 exchange you must comply with rules and qualification requirements.
1031 exchange rules:
- Like-Kind Property
- Investment or Business Property Only
- Greater or Equal Value
- Must Not Receive “Boot”
- Same Tax Payer (exception to this rule occurs in the case of a single member limited liability company)
- 45 Day Identification Window (An exception to this is known as the 200% rule. In this situation, you can identify four or more properties as long as the value of those four combined does not exceed 200% of the value of the property sold)
- 180 Day Purchase Window
Real Estate IRA’s
The real estate IRA is no different than any other IRA or 401k except for the fact that it allows investments in real estate property. The IRA allows investments to grow tax-free or tax-deferred compounded over time to maximize growth and IRA can also qualify for yearly tax-deductions, provide asset protection and assets can be passed to future generations.
Real Estate IRA’s rules:
- Your IRA Cannot Purchase Property Owned by You or a Disqualified Person.
- You Cannot Have “Indirect Benefits” from Property Owned by Your Self-Directed IRA.
- IRA Investments Are Uniquely Titled - "Equity Trust Company Custodian [for benefit of] (FBO) [Your Name] IRA"
- Real Estate in an IRA Can be Purchased without 100% Funding from Your IRA.
- IRA Investments that Use Financing Must Pay unrelated business income tax UBIT.
- Expenses Must Be Paid from Your IRA.
- Real Estate IRA Income Must Return to Your IRA.
Our strategic investment approach of efficient property management, marketing and planning, maximize your property's revenue, lower your expenses, reduce the risk and cost, and increase its value.