John V. Maggi has been involved in the creation, ownership, and management of Special Purpose Entities (SPEs) for various purposes including real estate, asset structuring/financing, risk management, and 1031 Like-Kind Exchanges since 1989. He has a strong corporate and entrepreneurial background, having founded and served as CEO of Gotham Companies/Safe Technologies, LLC, a multi-million-dollar company in information systems and financial services. His previous roles include senior-level positions at Unisys/Sperry Corporation, a Fortune 50 company during his tenure, and Vice President of Mergers, Acquisitions, and Real Estate at DecisionOne Corporation, which was the largest third-party provider of maintenance and repair services for information systems at the time.John began his career at Price Waterhouse in New York, working in the tax and auditing divisions with primary clients like IBM and the New York Shipping Association. He is a Certified Public Accountant (CPA) in New York State and holds a B.S. in Accounting & Economics and an MBA in Finance from Long Island University - C.W. Post, with post-graduate studies at New York University. He is currently associated with congress-asset-exchange-llc.
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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.