EXCELSIOR CAPITAL PRESENTS

Expert Insight on 1033 Exchanges

This episode of the Capital Club podcast dives deep into 1031 and 1033 exchanges. Our guests, Camille Renshaw, CEO and co-founder of B+E, and Brad Borden, a professor of law at Brooklyn Law School, provide expert insight into how these sections work and how they may apply in a business environment.
Go Beyond Marketing and Create a Better Customer Experience

Podcast: Expert Insight on 1033 Exchanges

This episode of the Capital Club podcast dives deep into 1031 and 1033 exchanges. Our guests, Camille Renshaw, CEO and co-founder of B+E, and Brad Borden, a professor of law at Brooklyn Law School, provide expert insight into how these sections work and how they may apply in a business environment.

They discuss differences between 1031 and 1033 exchanges such as types of property that can be acquired, time periods, use of proceeds, ownership restrictions, and much more. Tune in to learn more about 1031/1033 exchanges and get helpful advice from our knowledgeable guests!

Key Highlights

[00:01 – 06:25] Opening Segment

  • Understanding the difference between 1031 & 1033 exchanges
  • Types of properties that can be acquired are different
  • Camille’s experience with 1033 in both personal and business sense

[06:26 – 12:57] 1031 & 1033 Exchanges

  • There are secondary markets across the country with industrial property in the middle of downtown
  • 1033 exchanges allow property owners to reinvest proceeds from the sale within 2 years
  • 1031 exchanges require a 45-day identification period and 180 day exchange period
  • Why qualified intermediaries are involved in 1031 exchanges, but not in 1033 exchanges

[12:58 – 19:30] Navigating the Complexities of 1031 and 1033 Exchanges

  • Under 1031, the replacement property must be like the relinquished property
  • Under 1033, there is a similar or related in-use standard that is broader than1031
  • How people are fatigued after going through the condemnation process

[19:31 – 25:30] Leveraging Exchange Proceeds for Investment

  • Often there are multiple family members involved in 1031/1033 exchanges
  • Tech platform allows people to scour the whole market for net lease assets
  • People want something less hands-on and less cumbersome than their previous investment profile

[25:31 – 32:07] Exploring 1031 and 1033 Exchanges

  • What’s allowable, not allowable, and what ownership structures look like
  • Prepaid construction services and materials are not considered real property
  • How ownership structures can be divided tax-free with partnerships

[32:08 – 39:39] Closing Segment

  • Distributions of property from S corporations or C corporations will trigger gain recognition
  • Get expert advice on complex tax issuesIt’s important to have communication between all parties involved in the transaction

Additional Links:

Brian’s Linkedin: https://www.linkedin.com/in/brian-c-adams/

Previous Articles

the-ultimate-guide-to-commercial-real-estate-investing

The Ultimate Guide to Commercial Real Estate Investing

Learn everything you need to know to assess the benefits of a commercial real estate investment and make the best decisions to get started.

how-much-money-do-I-need-to-start-investing-in-commercial-real-estate

How Much Money Do I Need to Start Investing in Commercial Real Estate?

We frequently have conversations where people tell us, “I want to start investing in commercial real estate, but I’m not sure if I have the capital.”

benefits-of-owning-commercial-property-over-residential

Benefits of Owning Commercial Property over Residential

While both types of real estate investments have their benefits, investing in CRE can be more advantageous for several reasons.

The Revolution That Wasn’t

How has technology impacted modern finance and created an asymmetrical relationship between Wall Street and individual investors? In this episode, we speak with Spencer Jakab, the author of The Revolution That Wasn’t and editor of the Wall Street Journal’s Heard on the Street column.

Tax Savings Secrets: How Cost Segregation Analysis Can Save You Money

How can cost segregation analysis help real estate investors maximize their returns? In this episode, John Hanning explores the potential benefits of cost recovery studies and depreciation.

What is a Family Owner’s Manual and Do I Need One?

It’s time to make sure you and your family are set up to continue success for generations to come. Today, Josh Kanter shares his journey transitioning from practice as a transactional attorney to reorganizing his family’s activities under a single-family office.

Key Characteristics of High-Performing Family Offices

Are family offices becoming more popular? In this episode, Robert Daugherty dives into the importance of having a functional family office, and the role of the Chief Learning Officer in it.

Talking to Your Parents about Their Finances

As your parents age, you may find that you want or need to broach the often-difficult subject of finances. In this episode, Cameron Huddleston, an award-winning personal finance journalist, discusses how to have meaningful conversations with your parents about their finances.

Pros, Cons, and Features of Robo-Advisors for the Wealthy

Learn how to amass wealth – the right way, for you. In this episode, Barbara Friedberg, a former portfolio manager and university investments and finance instructor, delves into how robo-advisors have revolutionized traditional financial advisory services.

Excelsior Capital

A real estate private equity firm that owns and operates high quality multi-tenant office assets in emerging secondary markets.

Interested in learning more about Excelsior's investment opportunities?

Excelsior Capital

104 Woodmont Blvd, Suite 120
Nashville, TN 37205

investors@excelsiorgp.com

w

Livechat

Disclaimer: Under no circumstances should any information presented on this website be construed as an offer to sell, or solicitation of an offer to purchase any securities or other investments. This website does not contain the information that an investor should consider or evaluate to make a potential investment. Other materials related to investments in entities managed by Excelsior Capital are not available to the general public.