Learn More: Arbitrage and Structuring

• The Choice Between Micro-BIC and Real, and Its Quantitative Simulation
• Type of ownership: proprietary, corporate, split ownership
• Resale Strategy and Capital Gains Taxation
• Deciding Whether to Hold, Sell, or Reinvest
• Estate Planning and Succession Planning

The concierge services agreement expressly excludes any obligation to provide advice. This is not a loophole: it is what ensures that when wealth management advice is provided, it is done within its own framework—with a letter of engagement, clearly defined responsibilities, and the associated regulatory obligations.

The founder of Loca'Zen is a property management engineer. A study can therefore be conducted, but under a separate engagement letter, and not as part of the concierge service.

• A casual response is not advice, and it does not protect you. If the matter is important, put it in writing.
• Do not confuse the two relationships. One is the provision of tangible services; the other is regulated advice.
• The tax implications of selling a property should be considered before purchasing one, especially since depreciation is now included in the calculation of capital gains.