News: Front Section

Talkowski and Flynn of Daniel J. Flynn & Co. sell two props. totaling $890,000 in third party foreclosure sales

Daniel J. Flynn & Co/ Flynn Auctions sold two properties recently in third party foreclosure sales totaling over $1 million.The separate auctions took place in Somerville and Danvers. Auctioneer, Paul Talkowski accepted a final bid of $490,000 for a 4-unit residential home in Somerville. Approximately 40 people were in attendance with 16 registered bidders. The property is located at 1298 Broadway near the campus of Tufts University. The building is a 4-unit, 4,512 s/f building with 15 total rooms, 6 bedrooms and 4 full baths located on a 4,390 s/f corner lot. CEO/auctioneer Dan Flynn auctioned off a two-story office building located 74 Elm St.in Danvers for a high bid of $400,000. The property consists of a 3,841 s/f building on a 12,000 s/f lot. Both foreclosure sales reflect Flynn & Company's leading track record for successful third party sales at auction. "We're pleased that we can provide excellent service to our client but we also love to see real estate investors score great deals" said Flynn, "It's a win-win situation all around." Daniel J. Flynn & Co. is New England's independent leader in third party real estate sales at auction. For upcoming auction investment opportunities subscribe to Flynn's Auction Alert at www.FlynnAuctions.com
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Columns and Thought Leadership
Five ways to ruin a  Section 1031  Like-Kind Exchange - by Bill Lopriore

Five ways to ruin a Section 1031 Like-Kind Exchange - by Bill Lopriore

While there is some flexibility when structuring a like-kind exchange, some important requirements must be met. A mistake can ruin your exchange. Here are five mistakes to avoid:
How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

How COVID-19 has impacted office leasing - by Noble Allen and John Sokul

To say that the effects of COVID-19 has transformed office leasing is an understatement. When COVID-19 was at its peak, office spaces were practically abandoned either through governmental mandates or through actions taken by businesses themselves.

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Four tips for a smooth 1031 Exchange - by Bill Lopriore

Many real estate investors do not understand the specific requirements that must be met to secure the benefits of a tax-deferred 1031 exchange. For example, the replacement property must be identified within 45 days of the closing date of the relinquished property.
Make PR pop by highlighting unique angles - by Stanley Hurwitz

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