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[D724]Due Diligence It Checklist

by Admin, Adm

Due diligence by a Venture Capitalist is the last step in the "dating stage" of Venture Capital. This is when the Venture Capitalist comes to your facilities and goes through you books, looks at your product in detail, talks with you clients, staff, and vendors. This can be a pretty intense time. Some does and don'ts to follow:

Do:

Have all of your records ready for review, or know where to go to get everything when requested. You should have all of your financial history (bills paid, bills outstanding, check registers, invoices, receipts for payment by clients, etc) at hand and ready for view.

Have existing key clients lined up to talk with the Venture Capitalist.

Have all of your Executive Staff on hand.

Have your key product people on hand.

Have the office space cleaned up!

If the Venture Capitalist is having you put them up, most do, if they are coming from out of town, offer mid level accommodations, and let them upgrade at their cost if they want to.

If you are paying for their travel to your location, get them standard cabin, they can upgrade if they want first class.

Don't:

Have a party while the Venture Capitalist is in house.

Create a financial history the week before the Venture Capitalist shows up. Seeing two years of banking added to the ledger in one ink and one hand smacks of wrongness. (Unless you can back it up with original documents.)

Don't go over board on wining and dining the Venture Capitalist. (Some Venture Capitalist like this, but the good ones look at it as over spending.) Wine and dine them, just don't go over board!

Have valid clients that actually know the product, not ?chills? (someone that isn't a client, but is there to help you close the deal).

Following these general, and there are more, guidelines, will help you get closer to putting money in the bank, and that is your goal!

Don is a Venture Capitalist with over 15 years of successfully funding early stage Ventures. Information on his fund can be found at His company also consults start up companies on business plan development and start up strategies,

The TIC investment is one that has become widely popular, especially over the past few years in particular. But before you can really appreciate the benefits of the TIC exchange properties, it is important that you take the time to become educated and that you understand what a TIC property actually is.

TIC: Due Diligence on a Sole Owner Property

TIC due diligence on a sole owner property is basically the alternative to having the sole ownership of a real estate property but with the same benefits. The advantage is that you will be able to have an investment at a fractional ownership of said property.

When you, the investor, wants to complete a TIC exchange in order to take advantage of the benefits but you want to avoid all the trouble that comes with acquiring another property, then the TIC 1031 may be the perfect solution for you.

Benefits

To be more specific on the benefits that TIC: due diligence on a sole owner property investments have to offer, this includes low minimum investment for one. Rather than a super expensive investment, the TIC: due diligence on a sole owner property investment is one that is affordable, and therefore accessible to the average person. This is because

Simplicity and speed are also favored advantages that come from a TIC: due diligence on a sole owner property investment. These investments are usually set up with a non-recourse whole property loan, and the due diligence information that is provided for the whole property purchase is provided for TIC owners and TIC purchases can actually be completed in just a few days.

This makes them ideal for 1031 exchanges and means that there is as little fuss and confusion for the investor as possible.

In regards to the tax advantages offered, 1031 TIC investments offer very unique ones. Deferred capital gains tax and depreciation recapture into and out of the investment, and can preserve a significant amount of wealth.

Another benefit is for professionals who are dedicated to their careers but who also desire to build a well diversified real estate portfolio with current income and strong appreciation potential, as the TIC program is perfect for them.

You will want to speak to a tax consultant or financial advisor before going through with this, as they will assess your situation and help you to decide whether or not this is going to be a smart move for you.

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Both Admin & Kathryn Landry are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Admin has sinced written about articles on various topics from Infidelity, Tax and Class Action. Don Bell. Admin's top article generates over 368000 views. to your Favourites.

Kathryn Landry has sinced written about articles on various topics from tax, Investments and Tax. Kathryn R. Landry is a business writer for TIC Advisors, Inc . A company that can give you the most complete information on a or. Kathryn Landry's top article generates over 8100 views. to your Favourites.