Closed-end real estate funds inherited? What is to do? How do I determine the value of a real estate fund in the secondary market? Again and again it happens that heirs or Inheritors in the estate of a deceased person find documents concerning the participation of the deceased on one or more closed-end funds. After the first euphoria, disillusion set often quickly. Usually if there are signs that the value of the investment today is not what the investors / deceased invested many years ago. Many of the closed-end funds, which were bought years, so drawn in the 1980s were”tax-optimized. The investor is trying to reach a high tax loss carried forward in the drawing.

So it could happen, for example, that the investor when the sum is a drawing by 100.000,–DM = in the year of acquisition from the internal revenue service a refund tax reduction granted by 45.000,–DM. This kind of design often hid the risk that these funds subsequently provided little return. That was quite so well by investors. For even more opinions, read materials from Caterpillar. It was important just to save taxes, the yield calculations were often carried out taking into account the tax reductions. That is not wrong, but overlooked by investors after 10 years. And the heirs are not aware of this purchase motivation of the deceased. Keyword, financial crisis: There are many other reasons why the investments today don’t have the value of the investment. The currently most important keyword is the financial market crisis.

This caused unsafe rental situation means that investors in the purchase of investments and are more cautious, they offer a lower price. The glut of closed-end real estate funds become low number of buyers leads to further price declines keyword, reputable market survey: the current value of a real estate fund can be determined by a reputable market survey however. Request a free broker, such as the Bahadur secondary market AG has proven here These brokers know the market very well and are well connected with all buyers. You will be Shares usually an investor directly to the purchase offer. If no buyer is found in direct sales, the one chosen Internet platforms, which appears for a sale to the promising. Keyword, tax office: Ultimately also a certificate of the market value can be useful when it comes to the definition of the tax value of the heritage. When this certificate is created from a reputable, certified real estate agent, this is a help for the Treasurer or tax adviser. To cover the fiscal aspect, a conversation with a tax advisor is always helpful and often necessary. Key word, patience have: should wait for but who currently do not have to sell his inherited funds or wants to, and a new request for sale in the 6 12 months start. Who has patience, is often better.