Hugh Pollard has been a Qualified Intermediary since 1994 and is currently based in the Chicago office of Investment Property Exchange Services (IPX1031), where he manages the Reverse and Improvement Exchange Division. He is an expert in Section 1031 "Starker" exchanges, focusing on tax deferral strategies to increase client wealth. Hugh is a frequent speaker and writer on topics related to 1031 Exchanges, and he is well-versed in the associated rules and regulations.He has served as President of the Federation of Exchange Accommodators (FEA) for two terms and remains active on its Governmental Affairs Committee. Hugh holds the Certified Exchange Specialist® designation from the FEA and was honored with the “Margo McDonnell Certified Exchange Specialist® Perpetual Award” in 2009 for his contributions to the 1031 Exchange industry.Before his tenure at IPX1031, Hugh was the Midwest Regional Manager for another national intermediary company and has held positions as a Trust Officer and underwriting attorney in Chicago, dealing with 1031 exchanges, land trusts, and title insurance. He also has nine years of experience in private legal practice, focusing on real estate and corporate transactions. Hugh is a member of the Illinois Real Estate Lawyers Association and holds a J.D. (with honors) from IIT/Chicago-Kent College of Law, an M.B.A. from DePaul University, and a B.A. from Loyola University of Chicago.
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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.