Once you have decided to acquire investment properties from First Guardian Group, whether it be traditional income properties, Delaware Statutory Trust properties, or investments in development projects, it is the start of a long-term relationship with our firm. Unlike many other financial advisors and real estate brokers, we are available to assist you throughout the full investment cycle in the following areas:
- Current status on your investments including prompt answers to questions you may have on periodic property reports
- Access to investor documentation
- Assistance with ownership transition matters
- Assistance with tax filings including a status of any pending liabilities
- Estate planning
Investment Status
In general, FGG investors are provided with monthly reports on the status of their investments including a summary of important property matters plus updated financial information. Periodic investment reports are developed either directly by FGG or through investment sponsors and typically sent out via email or hardcopy depending on the preferences of the investor. FGG personnel are available 7 x 24 to answer questions and we pride ourselves on our ability to promptly respond to 90%+ of investor inquiries within 24 hours.
Access to Investor Documentation
FGG maintains secure electronic records for all investors including subscription information, property reports, tax reporting status, ownership status, etc. Investors can access historical information by simply contacting us and we will either forward the requested information or provide answers to sought-after questions.
Assistance with Ownership Transition Matters
FGG can assist investors with ownership transition matters including upon death, divorce, sale, change of ownership entity, etc. As needed, FGG will work with the investor’s tax and legal advisors to assist in achieving the desired outcome – and be able to recommend other specialists if desired by the investor.
Assistance with Tax Filings
FGG will provide general assistance with state and federal tax filings including the status of any pending liabilities. While we cannot provide specific tax advice or act as a personal tax advisor, we can assist the investor’s personal tax and legal advisors on tax matters related to information that we have reported.
Estate Planning
During our 17+ year history, we have worked with thousands of investors and have gained insights on estate planning matters that we can share with interested investors including preferred forms of investment property ownership and processes for transferring interests to heirs upon the passing of the principal investor(s). We can act as a resource to the investor’s estate planning legal counsel and provide needed information regarding FGG investments that may be needed to prepare needed trust or other ownership documents or to assist in the future transfer of assets to heirs. We can also assist in obtaining future investment values that may be needed for tax and estate settlement purposes.
When investing with First Guardian Group, an investor is welcomed into our family of investors and can look forward to a long-term relationship with an experienced and skilled team to keep them abreast of the status of their investments while also assisting with new matters that may occur during the investment cycle.
For more information, please contact us at 408 392-8822 or via email at info@FirstGuardianGroup.com
BIO : Paul Getty
Paul Getty is a licensed real estate broker in the state of California and Texas and has been directly involved in commercial transactions totaling over $2 billion on assets throughout the United States. His experience spans all major asset classes including retail, office, multifamily, and student and senior housing.Paul Getty’s transaction experience includes buy and sell side representation, sourcing and structuring of debt and equity, work-outs, and asset and property management. He has worked closely with nationally prominent real estate brokerage and investment organizations including Marcus Millichap, CB Richard Ellis, JP Morgan, and Morgan Stanley among others on the firm’s numerous transactions.Paul Getty also maintains a broad network of active buyers and sellers of commercial real estate including lenders, institutions, family office managers, and high net worth individuals.
Prior to founding First Guardian Group/FGG1031,Paul Getty was a founder and CEO of Venture Navigation, a boutique investment banking firm specializing in structuring equity investments made by institutions and high net worth individuals. He possesses over 25 years of comprehensive worldwide business management experience in environments ranging from early phase start-ups to multi-billion dollar corporations. His track record includes participation in IPOs and successful M&A activity that has resulted in investor returns of over $700M.
Paul Getty holds an MBA in Finance from the University of Michigan, graduating with honors, and a Bachelor’s Degree in Chemistry from Wayne State University. He is a member of Institute of Real Estate Management (IREM), a Certified Property Manager Candidate (CPM), and a member of the US Green Building Council.Paul Getty holds Series 22, 62, and 63 securities licenses and is a registered representative with LightPath Capital Inc, member FINRA /SIPC .
Paul Getty is a noted speaker, author, and actively lectures on investments and sales and management related topics. He is author of The 12 Magic Slides ,Regulation A+: How the JOBS Act Creates Opportunities for Entrepreneurs and Investors , and Tax Deferral Strategies Utilizing the Delaware Statutory Trust (DST), available on Amazon and other retail outlets.
Disclaimer
This material is not intended as tax or legal advice so please do speak with your attorney and CPA prior to considering an investment. This material contains information that has been obtained from sources believed to be reliable. However, FGG1031, First Guardian Group, LightPath Capital, Inc., and their representatives do not guarantee the accuracy and validity of the information herein. Investors should perform their own investigations before considering any investment. There are material risks associated with investing in real estate, Delaware Statutory Trust (DST) and 1031 Exchange properties. These include, but are not limited to, tenant vacancies, declining market values, potential loss of entire investment principal.
Past performance is not a guarantee of future results: potential cash flow, potential returns, and potential appreciation are not guaranteed in any way and adverse tax consequences can take effect. The income stream and depreciation schedule for any investment property may affect the property owner’s income bracket and/or tax status. An unfavorable tax ruling may cancel deferral of capital gains and result in immediate tax liabilities. All financed real estate investments have a potential for foreclosure. Delaware Statutory Trust (DST) investments are commonly offered through private placement offerings and are illiquid securities. There is no secondary market for these investments. Like any investment in real estate, if a property unexpectedly loses tenants or sustains substantial damage, there is potential for suspension of cash flow distributions. Costs associated with the transaction may impact investors’ returns and may outweigh the tax benefits.
IRC Section 1031, IRC Section 1033, and IRC Section 721 are complex tax codes; therefore, you should consult your tax and legal professional for details regarding your situation. Securities offered through registered representatives of LightPath Capital, Inc. Member FINRA / SIPC. FGG1031, First Guardian Group, and LightPath Capital, Inc. are separate entities.
DST 1031 properties are only available to accredited investors (generally described as having a net worth of over one million dollars exclusive of primary residence) and accredited entities only (generally described as an entity owned entirely by accredited individuals and/or an entity with gross assets of greater than five million dollars). If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney prior to considering an investment. You may be required to verify your status as an accredited investor. Member of LightPath Capital, Inc.