Mike Willoughby is the North/South Carolina Division Manager with Asset Preservation, Inc.
He began a career in real estate, first working in the title industry; preparing legal documentation and supervising financial transactions. By 2017 Mike began working for a large qualified intermediary, solely focused on §1031 exchanges. He has facilitated hundreds of various §1031 exchange transactions and is a speaker educating real estate professionals on the 1031 exchange process. He is committed to quality customer care, as well as providing the most current information available with regard to IRC §1031.
Mike has an extensive background in IRC §1031 tax-deferred exchanges and every aspect of real estate transactions. Mike focuses on educating and servicing investors, attorneys, real estate brokers, agents, accountants, and financial advisors. His exchange presentations are practical, thorough, and feature many real-life exchange scenarios to illustrate a wide range of investment and tax strategies. Mike thrives most when working closely with clients. He provides exceptional quality service, and his business and personal relationships cast a wide net across The Carolinas and beyond.
Deferred's AI 1031 Research Assistant is trained on 8,000+ pages of US tax law and outperforms human CPAs by 22%+
CHAT NOW
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.
