C. Anthony Phillips is a partner at Phillips & Company, a certified public accounting firm, where he focuses on tax compliance for various types of taxpayers. He is also the president of Downstream Exchange Company, which has facilitated tens of thousands of tax-deferred exchanges. He earned a Bachelor of Science from Drexel University and holds two master's degrees from the University of Southern California in Business Administration in Finance and Business Taxation. Phillips is a certified public accountant and has taught real estate tax classes at city colleges. He is an approved real estate instructor by the Department of Real Estate and a member of the California Association of REALTORS® State Faculty. Phillips has delivered numerous seminars on tax-deferred exchanges and related topics, and has spoken at several annual conferences of the Federation of Exchange Accommodators. He has also co-chaired the Real Estate Conference for the CalCPA Education Foundation in 2010 and 2011. Additionally, he is a member of the American Institute of Certified Public Accountants and the California State Society of Certified Public Accountants.
Deferred's AI 1031 Research Assistant is trained on 8,000+ pages of US tax law and outperforms human CPAs by 22%+
CHAT NOWBecause the 1031 Exchange rules permit owners to use the property part of the year, exchangers can have a cash-flowing, appreciating investment that also serves as their semi-permanent vacation property.
Learn how a 1031 Improvement Exchange can enable a value-add real estate investment strategy while also deferring capital gains taxes.
Review some common 1031 exchange examples and take advantage of our profit-generating ideas to use the 1031 Exchange to make your property portfolio more profitable.