Message Font: Serif | Sans-Serif
 
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next
Author: d1ref Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 6743  
Subject: Income property as % of total portfolio Date: 6/9/2008 7:09 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 1
Would appreciate some help in developing a philosophy as to where to place income real estate (not REITS) into a total portfolio by %. I understand not to include our own home in the equation.

These properties create a modest income stream and some tax advantage's. If we liquidate them, we would trigger tax consequences. With the market generally softening around the country we are inclined to sit tight and wait for some improvement because they represent a safety net to our pensions and main portfolio.

We have diversified our asset classes in our portfolio and are comfortable about Large Cap, Small Cap, and International mutual funds + cash/bonds making up a 60%/40% mix (age 62 and retired).

Like the asset distribution phase of retirement, hard real estate as portfolio percentage is not often discussed. We would appreciate some insight and hopefully trigger a discussion as many boomers will inherit property and find themselves facing the same situation.

Keep? What %? Sell? When? Why? Sell and reinvest? Pass on to children?
1031 to a TIC vacation location that can be rented if not used?

Thanks for your wisdom.
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (2) | Ignore Thread Prev | Next

Announcements

Foolanthropy 2014!
By working with young, first-time moms, Nurse-Family Partnership is able to truly change lives – for generations to come.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Post of the Day:
Macro Economics

The Story Behind the Story
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement