Knierim joins Randolph Savings Bank as senior vice president and CFO
According to Randolph Savings Bank president and CEO Thomas Drummey, John Knierim has joined the bank as senior vice president, chief financial officer. In his new position, Knierim will oversee all financial operations of the bank.
Knierim comes to Randolph Savings from Putnam Bank, a $495 million bank with seven locations, where he was senior vice president, senior operations officer as well as compliance and chief information officer. He has over 20 years of banking experience including eleven years at The Milford National Bank and Trust Co. where he was also senior vice president and CFO.
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)
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.
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