Posted by ray@lcorn on May 27, 2009 at 11:12:20:
In Reply to: Re: Ray's insights on these 2 choices posted by Mike S. on May 27, 2009 at 08:56:03:
Mike,
I don't know anything about Tony Thompson, but I know a lot about TIC deals. (Do a search on DBSI Inc., using all caps) I'd rank that as a (very) distant third choice regardless of the details.
Given the ID period has passed, the NNN deal is the better bet than paying the taxes and/or doing the land deal. There is a lease, with income, and access to at least half the equity.
Not a home run, but a wealth builder if the tenant survives all 10 years, and you put the $400T in the right place. But whatever you decide, PLEASE don't pay the taxes! ;-)
ray