News: Front Section

Walk joins Taurus Investment Holdings as a senior vice president

Taurus Investment Holdings, LLC has hired Allison Walk. Walk joined Taurus as a senior vice president leading the capital raising efforts for the company's investment offerings. She brings over 25 years of experience in structuring financial solutions for a wide range of clients. Prior to joining Taurus, Walk was a senior financial advisor in the Boston office of Bernstein Global Wealth Management. There she advised high-net-worth individuals, foundations and philanthropic institutions on a broad spectrum of investment strategies. Previously, she served as senior vice president and head of the national Large Corporate Group at Fleet Bank and as a director of New England banking at BankBoston. She graduated from Smith College and earned a master's degree in international relations from The Fletcher School of Law and Diplomacy. She lives in Portsmouth, Rhode Island with her husband. Taurus was founded in 1976 and is a global owner-operator and developer of both directly managed and joint venture assets with offices throughout the US, Canada, Argentina, Turkey, UK and Germany. Taurus has purchased and sold more than 20 million square feet of residential, office, industrial, retail, hotel and other commercial real estate assets since its inception.
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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:
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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.
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