Investment

» Happy_2 - YTD, June 2007

In response to YTD, June 2007 posted by retiredinprescot:
Sounds like these have been a good investment for you.
I did a little research and am not sure why a non-traded
reit is better than a traded reit. Both carry the same risks.
You just don't know where you are with the non-traded reit until things are completed. Maybe ignorance is bliss.
Also the load fee on the Wells REIT is 14.5%. There is
only the trading spread on the traded reit's. Also the
traded reit' are totally liquid. I guess this could be a bad thing for some.

But, for me the biggest downer is the fact you can't do a 1031 exchange out of these. It is the end of the line as far as unrecognized gains are concerned. I have been exchanging this way since 1977.

-- posted by Happy_2