MILWAUKEE, WI- A new venture called Capital Square Realty Advisors, LLC was just announced by veteran investor Louis Rogers. They acquired their first property late last year, and Rogers told GlobeSt.com that the firm will “satisfy a financial need for us aging baby boomers.”

“Our typical investor is tired of managing their own property,” such as a duplex or a ranch. “The recession has come and gone and the economy has stabilized,” making it easier to sell, but that still leaves many wondering where to park their money. “It's an old-fashioned idea to go back to real estate,” but recently “money markets were making zero.”

The Virginia-based firm will specialize in gathering up such high-worth investors who want stability, a high return and limit what they owe in capital gains taxes. Under certain conditions, the IRS allows individuals to shelter money received from selling property if it's plowed back into real estate through a “1031 exchange.” About two-thirds of Capital Square's investors have done an exchange while the rest invested cash. The firm structures the funds into a DST.

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Brian J. Rogal

Brian J. Rogal is a Chicago-based freelance writer with years of experience as an investigative reporter and editor, most notably at The Chicago Reporter, where he concentrated on housing issues. He also has written extensively on alternative energy and the payments card industry for national trade publications.