Caroline Gilroy Brown Chair Mass. Mortgage Bankers Association
Name: Caroline Gilroy Brown
Title: Chair, Mass. Mortgage Bankers Association
Company: AAA Southern New England
Location: 110 Royal Little Dr., Providence, R.I. 02904
Birthplace and year: Providence, 1962
Family: Husband, Tom; children: Matt, Meredith
College: Providence College, BA in Political Science; JD, Syracuse University College of Law.
First job in finance or allied field: Tillinghast Collins & Graham, associate
attorney.
What do you do now and what are you planning for the future? We work to have the MMBA charitable foundation become self-supporting. We have a new community reinvestment organization on the part of mortgage lenders. We work with the Mass. Mortgage Association to provide educational and lending compliance programs for loan officers.
Hobbies: Reading (especially Civil War subjects), surfing, bike riding, cooking.
Favorite book: "Manhunt" by James Swanson
Favorite movie: "Sound of Music"
Keys to success: Work hard, be as competent and capable as you can.
If you had to choose another vocation what would it be? Charitable activities
Boston, MA The fall season always marks the return of IFMA Boston events, and this year is no different. Registration is now open for IFMA Boston’s FMForward Deep Dive 2024. The FMForward Deep Dive 2024 Conference will be held on November 19th at the Babson Executive Conference Center in Wellesley, Mass.
Investors have multiple tools to defer tax liabilities when selling investment properties. The best known is likely a 1031 exchange - which has been around in some form or fashion for over 100 years. Installment sales have existed as part of the code for more than 75 years. Newer legislation (2017) created Qualified Opportunity Zones (QOZs)
In the realm of real estate investing, the 1031 exchange Delaware Statutory Trust can provide savvy real estate investors a unique opportunity to achieve passive management, the potential for regular monthly distributions, and a way to enter one of the most tax efficient real estate investment strategies available today.
It seems like every day there is another reason showcasing the reason why more and more investors are choosing to stay debt-free when investing in Delaware Statutory Trust (DST) properties in a 1031 exchange.
Our current, highly competitive real estate market poses specific challenges for investors who are considering taking advantage of a tax-deferred 1031 exchange. In this market, investors will have no problem selling their current property if priced properly, but they may find it difficult to find a suitable replacement property