GREETINGS FROM VERNA ACKER
REALTY EXECUTIVES Elite
414.534.7400
FOR YOUR INFORMATION:
Real Estate Information from Western Racine County; Waterford, WI 53185
November 14, 2000

TABLE OF CONTENTS
Special Meeting for the River Lovers in the Area
Credit Scoring – More Information
Tenancy in Common Cures 1031 Headaches

Fox River C.A.U.S.E. meeting
This Thursday evening there will be a special meeting of the Waterways Committee. A special guest speaker – Elizabeth Czarapata – will speak on Natural Landscaping for Your Shoreline. The full notice is attached. BTW:
e-mail to Shelley Tessmer if you would like to be on the Fox River C.A.U.S.E. newsletter mailing list. htessmer@execpc.com

CREDIT SCORING
“You may not have heard of it, but make no mistake: your credit score has been affecting your life for years.” It is used by credit card companies, home equity lenders, auto loan lenders, and finance companies when you apply for credit or a loan. Nolo Briefs.com is an online Legal source that is a good place to go for legal discussions, forms, etc. Try this link for a complete discussion of credit scoring.

TENANCY IN COMMON CURES 1031 HEADACHES
The increased interest in 1031 transactions by property owners looking for tax-deferred commercial real estate ownership opportunities has masked one small problem” It's not always easy for practitioners and their agents to find good matches for the properties that they want to exchange.

That's a problem you can say good-by to if you are part of the growing number of property owners who are tapping an emerging transaction structure that brings together the tax benefits of the 1031 exchange with the ownership advantages of tenancy in common. The structure lets owners replicate the diversification of REIT investments without giving up control of the asset.

This is an excerpt from an article written by Rob Hannah, a principal of Tax Deferred Services LLC in Chicago, a specialist in structuring Section 1031 tax-deferred exchanges. More information on the tenants-in-common structure is available at www.tds1031.com. Hannah can be reached at 312.321.3960. (If you would like a copy of the one page article this is excerpted from, e back with a FAX number. That will be the easiest way to get it to you. We can scan it and e it back, if you wish.)