Edward Hershfield Partner Brown Rudnick Berlack Israels, LLC
Name: Edward Hershfield
Title: Partner
Company: Brown Rudnick Berlack Israels, LLC
Location: One Financial Center, 18th Floor, Boston, Mass. 02111
Birthplace and year: Boston, Mass., 1959
Family: Wife, Kathy; children: Alyssa, Matthew
College: Brown University, AB in International Relations and Economics; Columbia Law, JD
First job in current field: Junior associate at Brown Rudnick
What do you do now and what are you planning for the future? Continue to develop specialized practices nationally, such as military base work, lending, real estate development.
Hobbies: Time with family, golf, travel, bike riding, marathons
Favorite book: "Moneyball" by Michael Lewis
Favorite movie: "Dr. Strangelove"
Person you admire most (outside of family): Prudence Goodale and Ed Hands, high school history teachers.
Key to success: Understanding what the client needs.
If you had to choose another vocation what would it be? High school history teacher.
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.
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.
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)
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
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.