Square Feet
Determined by multiplying the length by the width of a space. If a unit is 50 feet long by 40 feet wide, the amount of square feet is 50×40 = 2,000 square feet.
Safe Harbor
In a 1031 exchange, the intermediary temporarily holds the relinquished or replacement property, creating a ‘safe harbor’ to comply with the rules of the 1031 exchange.
Starker Exchange
Another term for a 1031 tax deferred exchange.
Sponsor (Investment Sponsor)
In a TIC or DST investment property, the sponsor is the entity that has created the DST or TIC ownership and solicited investors. Learn more regarding The Importance of a Reputable Property investment Sponsor.
Self-Directed IRA
A Self-Directed IRA is a type of traditional or Roth IRA that allows you to save for retirement on a tax-advantaged basis and has the same eligibility and contribution rules. While regular IRAs typically house only stocks, bonds, mutual funds and other relatively common investments, self-directed IRAs offer many more possibilities including investment in real estate. NAS Investment Solutions investment opportunities are suitable for a Self-Directed IRA.
