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Timelines
It is important to note that construction is not the only variable in a project, and returns are dependent upon the closing of the resale of any unit purchased. The ultimate date of closing of the resale of a unit purchased will control the annual rates of return. Buyers should be cognizant of the fact that although their deposits are protected by escrow accounts or third-party payment bonds, the returns outlined throughout this document are cumulative and not annual.
Buyers purchasing real estate with &O may encounter tax limitations associated with passive investments. The majority of the projects offered to buyers will involve time frames in excess of 12 months, however, which will make capital gains taxation possible. Individual buyers should consult their tax experts in connection with the tax treatment of any unit purchased through &O.
There is no guarantee that the timeline projected here or the deliverables listed therein will occur timely due to fluctuations in the real estate market and other outside factors. |
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