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Volume 2 - Number 4 | April 11, 2006
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RE Investment Bank Establishes TIC Division
By Michelle Napoli The Carlton Group Ltd., a real estate investment banking firm that completed more than $7 billion of debt and equity placements last year, has launched a 1031 investment division to work with sponsors and other parties involved in tenant-in-common investment offerings.
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INSIDER: The FEA’s Dennis P. Helmick
By Michelle Napoli In February, the Internal Revenue Service proposed new regulations that would affect the taxation and reporting of income earned on certain funds, trusts and escrow accounts, including escrow funds used in 1031 exchanges. In addition to taxpayers carrying out 1031 exchanges, the regulations would also impact other involved parties such as qualified intermediaries.
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