Craig Brown, Esq. is the Senior Vice President and Regional Manager at IPX1031. He started his career in Like-Kind Exchanges in January 1999 and has facilitated nearly 30,000 exchanges with a total asset value estimated at over $35 billion. These exchanges range in value from $40,000 to $2 billion. Craig holds a BBA in Finance and a J.D., both from Baylor University. He is an expert on 1031 Like-Kind Exchanges and frequently speaks and trains on the topic, addressing audiences that include real estate agents, attorneys, and CPAs. His expertise covers a wide range of complex exchange structures such as Reverse Exchanges, Improvement Exchanges, and issues related to partnerships. Craig is also involved in legislative education efforts regarding the economic benefits of 1031 exchanges. He manages a region that includes Texas, Oklahoma, Louisiana, and Arkansas for Investment Property Exchange Services, Inc., although his clients and their assets may be located nationwide.
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Because 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.
