Rosemary Corrick is the Owner and President of Premier 1031 Inc. She began facilitating exchanges in 2014 and has gained significant experience in the structure, implementation, and management of various types of 1031 exchange transactions. Rosemary has developed systems to streamline and computerize the procedures at her company. She possesses a comprehensive understanding of all aspects of Section 1031 exchanges and provides guidance throughout the exchange process, coordinating with tax and legal counsel as needed. Additionally, she holds the Certified Exchange Specialist (CES™) Designation from the Federation of Exchange Accommodators, Inc. (FEA).
Deferred's AI 1031 Research Assistant is trained on 8,000+ pages of US tax law and outperforms human CPAs by 22%+
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Essential reading for anyone planning a like-kind exchange. Discover how to navigate capital gains and 'boot' in a 1031 exchange with our comprehensive guide. Learn what constitutes taxable boot, including cash and mortgage scenarios, and strategies to minimize tax implications.
Established in 1921, 1031 Exchanges have evolved through key legal cases and legislative changes, including the introduction of delayed exchanges, stricter timelines, and rules for holding exchange funds. Despite these changes, the core purpose remains to incentivize real estate investment and market growth.
A 1031 exchange can be an incredible tool for real estate investors to reduce their tax liability. We demystify the rules required to qualify and successfully complete a like-kind exchange.
