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RESEARCH & INSIGHTS
From market and legislation updates to information pertaining to the investment vehicles we utilize, we have curated these articles just for you.
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OBBBA Is Now Law: What Real Estate Owners, Developers, and Investors Should Know
The One Big Beautiful Bill Act (OBBBA) was just signed into law, bringing major tax changes. While the bill affects many industries, real estate stands out with some of the biggest opportunities — and a few deadlines to watch.

R. Levi Smith III
Jul 14, 20253 min read


Proposed FHA Changes Could Lower Multifamily Financing Costs
The U.S. Department of Housing and Urban Development (HUD) has proposed significant changes to FHA Multifamily Mortgage Insurance Premiums (MIPs) — a move that could lower financing costs and encourage new rental housing development.

R. Levi Smith III
Jun 27, 20252 min read


Don’t Be This Guy: The Hidden Costs of Ignoring Transitional Real Estate Wealth Planning
Here’s a little fictional tale of caution put together rooted in experience Meet Tom. In his prime, Tom was unstoppable -- A sharp,...

Johannes Ernharth
May 21, 20253 min read


Private Equity in Montana: Investing in Emerging Regional Economies
Montana isn’t just a lifestyle destination — it’s becoming an emerging investment market.

R. Levi Smith III
Apr 24, 20252 min read


Private Credit Is Reshaping Portfolio Strategy. Some Advisors Are Leading the Shift.
Amid a changing market, planners are turning to private real estate debt for stability, yield, and strategic alignment.

R. Levi Smith III
Mar 10, 20253 min read


Improving Debt and Equity Planning through a 1033 Exchange
Few investors would choose a 1033 Exchange willingly. But for those ready to shed debt and operational burdens, it may be an opportunity.

Johannes Ernharth
Feb 14, 20254 min read


The Power of 1033 Exchanges for Real Estate Destroyed by California Fires
Turning Lost Real Estate into a Low-Stress Retirement By Johannes Ernharth The widespread destruction caused by the California wildfires is another in a long list of natural disasters that have derailed the plans of many business and investment real estate owners. This can be especially challenging for those nearing retirement or lifestyle-driven exits, now finding themselves facing significant uncertainty about their future. Many affected owners will receive insurance and ot

Johannes Ernharth
Jan 21, 20255 min read


1033 Exchanges: From Hurricane Losses to Tax-Advantaged Real Estate Exits
With the right real estate toolset, destroyed investment real estate can transition into a passive, tax-deferred retirement.

Johannes Ernharth
Nov 18, 20245 min read


The RCX Advantage in Tax-Advantaged Real Estate
Summary When it comes to real estate investing, RCX thoroughly examines the strategies, managers, and investments available in the...

R. Levi Smith III
May 6, 20243 min read


About 721 Exchanges
Summary UPREIT transactions (via a 721 exchange) most often happen in two structures: An investor contributes their asset to a REIT in...

R. Levi Smith III
May 3, 20242 min read


DST Market Update (2024Q1)
Summary A Delaware Statutory Trust (“DST”) is a business trust that can be used for real estate ownership where a trustee holds title to...

R. Levi Smith III
May 3, 20242 min read


Qualified Opportunity Zone Funds
Summary Defined under the 2017 Tax Cuts and Jobs Act, qualified opportunity zones (QOZs) are census tracts (permanent statistical...

R. Levi Smith III
Jan 24, 20243 min read
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