Name: Edward Shapiro
Title: Principal
Company: Infinity Capital LLC
Location: 295 Turnpike St., Canton, MA 02021
Birthplace and year: Lynn, MA - 1946
Family: Wife Joanne; sons Jason and Keith
College: University of New Hampshire - BA Economics; Babson College - MBA Finance
First Job in Finance or Allied Field: Touche Ross - staff accountant
First job in finance or allied field: Started Shapiro Financial Services in 1997
What do you do now and what are you planning for the future? We continue to match clients with sources of debt financing; we will shortly offer a project for investing in real estate tax liens on a national scale.
Hobbies: Walk, lift weights and play golf
Favorite book: "Mansions on the Hill"
Favorite movie: "The Great Escape"
Person you admire most (outside of family): Malcom Brown (CEO at Bank for Savings - Malden)
Key to success: Persistence
If you had to choose another vocation what would it be? Golf Pro
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.
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.
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)
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.