101. Using 1031 Exchanges and 721 Exchanges (UPREITs) to Acquire Shares of a REIT with Warren Thomas

Tax Smart Real Estate Investors Podcast · May 26, 2020 · 28m

In this episode, we're joined by Warren Thomas, a CPA and professional with extensive experience in estate planning, financial planning, and real estate advisory services. He is currently a managing partner at Exchange Right, a company that provides real estate investments that target secure capital, stable income, and strategic exits in order to protect and grow wealth. Today we discuss an exit strategy called a Section 721 Exchange, also known as an UPREIT transaction. In summary, UPREIT transactions allow investors to sell their property and defer their capital gains tax by buying a…