Rick Wittstock has over 20 years of experience in sales, business development, real estate, and residential mortgages. He currently serves as Vice President and Account Executive at Investment Property Exchange Services, Inc. (IPX1031). Rick is involved in providing 1031 continuing education classes across Arizona and New Mexico, targeting a diverse audience that includes investors, real estate agents, brokers, attorneys, accountants, and financial planners. His expertise encompasses 1031 Exchange rules, regulations, and strategies. Rick is known for his ability to facilitate smooth and efficient tax-deferred 1031 Exchange transactions, backed by his commitment to excellent service. He holds a degree in Business Management from Dalhousie University in Nova Scotia, Canada.
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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.