SPACs are simply vehicles that facilitate an IPO for unique companies that might not otherwise be able to get through the regular public offering queue in a timely manner.

FORBES: Why The Standard Private Equity Fund Is Losing Its Luster

Properly structured, 1031-exchange securities can enable investors to shelter real-estate sales from capital-gains taxes, to obtain regular income and to bequeath the asset to their heirs in a tax-efficient manner.

WSJ: The Intelligent Investor: Dangerous Real-Estate Deals