Eric Shewfelt is a seasoned professional in the escrow industry, having started his career in 1982 after graduating from UCSB and serving two years with the Peace Corps in Colombia. He is currently the president of his family's company, representing the third generation of leadership. Eric specializes in managing a variety of real property transactions, including commercial, industrial, multi-family, and single-family residential properties, with a particular expertise in 1031 tax deferred exchanges. His training comes from a lineage of industry experts including his grandfather, father, and uncles, making him well-versed in complex transactions such as large commercial sales, personal property sales, and various forms of exchanges including delayed, concurrent, and reverse. Known for his customer service and communication skills, Eric is highly regarded in Southern California for ensuring successful and rewarding client experiences. He lives in Hancock Park with his wife, and his four adult children, including two sons who work with him, also reside in Los Angeles. Eric is an avid cyclist and golf enthusiast.
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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.
