News: Financial Digest
Posted: March 8, 2012
David Grossman 2012
Name: David Grossman
Title: Principal
Company: First Boston Capital Partners, C/O The Grossman Companies
Birthplace and year: Boston, Mass., 1979
Family: Wife, Dora; new baby boy
College: Brown University, BA, Business Economics and Public & Private Sector Organizations
First job in finance or allied field: Wells Fargo, financial analyst
What do you do now and what are you planning for the future? Originally we started financing builders - a void left open by the banks. Today we target investors and developers with non-owner occupied properties located primarily within two hours of Quincy.
Hobbies: Time with family, sports
Favorite book: Anything by David Baldacci
Favorite movie: "Lean on Me"
Key to success: Under promise and over deliver
If you had to choose another vocation what would it be? Teacher
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Columns and Thought Leadership
What’s UP with that? - by Kyle Kadish
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)
Another reason to stay debt free in a 1031 Delaware Statutory Trust exchange - by Dwight Kay
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.
Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay
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.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick
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