News: Financial Digest

MassHousing's Milewski inducted into the New England Mortgage Bankers Hall of Fame

MassHousing's Peter Milewski was recently inducted into the New England Mortgage Bankers Conference Hall of Fame for his more than 40 years of excellence in mortgage banking. Milewski, of Duxbury, is the director of MassHousing's Mortgage Insurance Fund and also the agency's manager of Homeownership Business Development. He received the honor at the 25th Annual New England Mortgage Bankers Conference (NEMBC) in Newport, R.I. The NEMBC is comprised of mortgage bankers associations from the five New England States. "This is a very humbling experience," said Milewski. "In the years I have worked in the industry I have had the honor to work with the industry pioneers, the best, the brightest and the bravest, all of whom are more deserving of this honor than I am." Prior to joining MassHousing in 1999, Milewski was a division manager for Advanced Financial Services, an account manager at Republic Mortgage Insurance Company, regional vice president at Mellon Mortgage, an account executive and regional director for Mortgage Guaranty Insurance Corporation, assistant treasurer at Plymouth Savings Bank and a branch manager at Shawmut Bank.
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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.
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Cracking the code: Understanding the pros and cons of Delaware Statutory Trusts for 1031 Exchange real estate investors - by Dwight Kay

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.
What’s UP with that? - by Kyle Kadish

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

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.
Reverse exchanges and the challenges of a competitive real estate market - by Michele Fitzpatrick

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