Optimum Fund and its local affiliates, working with top national experts, will work with you throughout the process to make sure that all of the steps are completed promptly and correctly. After the closing, Optimum will arrange for the service of the mortgage and send quarterly checks for your tax lien fund earnings. All you will need to do is relax and collect your quarterly earnings. We'll handle everything else for you. Optimum Fund is professionally managed by Optimum Realty Corporation, a leading tax lien investor since 1991.
References are available upon request.
Section 1031 of the Internal Revenue Code permits the deferral of capital gains taxes which would usually be due upon the sale of an appreciated asset, if the asset is exchanged for an asset of like kind and of equal or greater value. The taxes due on the appreciation may be deferred as long as certain conditions are met. Securities and partnership interests are specifically excluded from 1031 exchanges. In consultation with top specialists in this field, Optimum Fund, LLC has structured a way to utilize 1031 exchanges to fund tax lien investment while deferring capital gains taxes. Tax liens themselves are generally considered a security, and an interest in a tax lien partnership, such as Optimum Fund, LLC is specifically excluded from a direct exchange.