Northern 1031 Vice President Michele Fitzpatrick shares expertise on how to make sure your 1031 Exchange transaction is safe and secure.

Every month, our 1031 exchange team hosts a live webinar that explains how it helps investors defer taxes on investment properties. 

Tax basis plays a major role in determining the true financial impact of selling or exchanging investment property. This on-demand webinar walks through the taxes investors face in a sale versus a 1031 exchange and explains how exchanges can help increase long-term rates of return. Northern 1031 Exchange covers the fundamentals of tax basis, stepped-up basis, and how these concepts affect investment strategy and estate planning. The session also reviews the Section 121 primary residence exclusion and highlights the importance of qualified intermediary (QI) due diligence. Investors will leave with a clearer picture of how tax basis influences decision-making and wealth preservation.

Choosing the right replacement property is one of the most important steps in a 1031 exchange. In this webinar, Northern 1031 Exchange explains the relevant tax code, the taxes investors face, and the strict time requirements that must be met. This discussion dispels the like-kind property myth and explores a variety of replacement options, including vacation homes, Delaware Statutory Trusts (DSTs), and triple-net lease properties. You’ll also gain a clear understanding of identification rules and how they impact your exchange strategy. This session is ideal for investors seeking flexibility while staying compliant with IRS regulations.

In February, Northern 1031 Vice President Michele Fitzpatrick spoke with host Larry Lawfer of Broker-Talk, a real estate insiders show on YouTube. 

In December, Northern 1031 Vice President Michele Fitzpatrick spoke with host Rick Kaplan of the NEREJ Podcast. 

John Starling, Senior Vice President of Northern 1031 Exchange, answers frequently asked questions regarding like-kind exchanges in a 2019 article published in the New England Real Estate Journal. 

The IRS provides a safe harbor for vacation rentals. In the 2018 New England Real Estate Journal article written by Northern 1031 Exchange Senior Vice President, John Starling, he highlights the details and the differences between a second home and a vacation rental. 

2020 was quite a year and presented many challenges. In this New England Real Estate Journal, 2020 Year in Review Spotlight Edition, Northern 1031 Exchange Vice President, Michele Fitzpatrick, reflects on the unprecedented year and the many positive aspects that came out of working through the pandemic.

The New England Real Estate Journal featured Northern 1031 Exchange Vice President, Michele Fitzpatrick, in the September 2020 “Women in Real Estate” Spotlight Edition. 

In this article published in the September 2020 New England Real Estate Journal, Northern 1031 Exchange Vice President, Michele Fitzpatrick, shares the many reasons why real estate investors choose to exchange properties. 

In this episode of Everything Real Estate hosted by Realtor Randy Herman, our Northern 1031 Exchange Senior Vice President, John Starling, takes a deep dive into the basics of 1031 Exchange. He discusses the advantages of using 1031 to defer taxes, the types of properties that qualify and ways to structure an exchange, including forward, reverse and improvement exchanges.