May General Membership Meeting: “1031 Exchanges and Their Effect on the Real Estate Market

Event Details

  • Date/Time: Thursday, May 18th, 2023 from 5:00 pm to 7:30 pm

Sonesta White Plains
66 Hale Avenue
White Plains, NY 10601

Join us for our May General Membership Meeting! Our topic will be:

“1031 Exchanges and Their Effect on the Real Estate Market”
We’ll begin with informal networking and discussion at our new time of 5:00 PM.
The main program will begin at 6:00 PM.

Real estate investments continue to adapt to an economy featuring higher interest rates, inflation, and slower growth. In what is expected to be a year of challenges and of opportunities, 1031 exchange transactions are becoming increasingly popular, particularly for multifamily. A 1031 exchange gets its name from Section 1031 of the U.S. Internal Revenue Code, and allows a property owner or investor to avoid paying capital gains taxes when they swap of one investment property for another. What effects will the increased use of 1031 exchanges have for the local economy and real estate market, for those who do business with property owners (including suppliers, subcontractors, and service providers), and for an investor’s tax outlook? 

Barry Neustadt, CPA, Tax Director at Madison 1031, will be on hand to walk us through these issues, and answer your questions on 1031 exchanges!


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