PROVIDENT 1031 DISCLOSURE
Assumptions for Daniel Goodwin’s calculations:
There are material risks associated with investing in DST and QOZ (Qualified Opportunity Zones) properties and alternative real estate securities including liquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with investment properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal. Past performance is not a guarantee of future results. Potential cash flow, returns and appreciation are not guaranteed. Investors could lose all or part of their original investment as there is no principal protection offered in any alternative investment securities. Alternative investments are generally illiquid, and an investor should have sufficient liquidity in other investments. IRC Section 1031 is a complex tax concept; consult your legal or tax professional regarding the specifics of your situation. This is not a solicitation or an offer to sell any securities.
THIS IS NEITHER AN OFFER TO SELL NOR A SOLICITATION OF AN OFFER TO BUY THE SECURITIES DESCRIBED HEREIN. AN OFFERING IS MADE ONLY THROUGH DELIVERY OF THE PPM and to accredited investors only. THIS MATERIAL MUST BE PRECEDED OR ACCOMPANIED BY A CURRENT PPM AND/OR SECURITIES AND APPROVED INSURANCE ILLUSTRATION WHICH SHOULD BE READ IN ITS ENTIRETY IN ORDER TO UNDERSTAND FULLY ALL OF THE IMPLICATIONS AND RISKS OF THE OFFERING OF SECURITIES TO WHICH IT RELATES.
Please consult the appropriate professional regarding your individual circumstance.
Alternative investments are often sold by prospectus that discloses all risks, fees, and expenses.
For additional information, please contact 281-466-4843 or www.Provident1031.com. Fee-based financial planning and investment advisory services are offered by Provident Wealth Advisors LLC, a Registered Investment Advisor in the State of Texas. Insurance products and services are offered through Goodwin Financial Group. Provident Wealth Advisors, and Goodwin Financial Group are affiliated companies. This shall in no way be construed or interpreted as a solicitation to sell or offer to sell investment advisory services to any residents of any State other than the State of Texas or where otherwise legally permitted. Important Notice – If you are investing in Alternatives your tax advisor may require you to file a tax return in the state where the subject property is located which could result in additional cost associated with your investment. Any additional expenses associated with any required tax filing are the sole responsibility of the investor/client. Figures are approximate and will be finalized by QI and sponsors.
This working document is not whole and complete and cannot be fully evaluated without the full disclosure of an insurance companies approved illustration and/or a securities complete disclosure and Private Placement Memorandum, along with the firm’s ADV and all accompanying disclosure on the respective Returns Summary, Prospectus, and/or Private Placement Memorandum which are provided with and should be read and understood prior to making an investment. These disclosures must be read, understood and acknowledged before Provident Wealth Advisors or Goodwin Financial Group will enter into any investment arraignment with an investor.
Historical returns and target IRR returns are not guaranteed, and the firm’s history of past performance is not an indicator of what future performance may be. Investors should consider all risks, your time horizon and the investor’s personal need for liquidity. Investors are advised to seek legal and tax council and to not sign, agree to, or otherwise acknowledge any document that the investor does not fully understand and comprehend.
Be sure to consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein.