Four experts discuss the status of real estate in 2021 including updates on 1031 Tax Deferred Exchanges, Tax Changes, and Utilizing Delaware Statutory Trusts.
- CDEC presentation by Mary Cunningham and Teresa Fluegel
- RINA Accountants Advisors presentation by Ray Evans
- RINA Wealth Management Services presentation by Roshan Weeramantry
Mary Cunningham is President and Chief Executive Officer of Chicago Deferred Exchange Company, one of the nation’s oldest and largest providers of Qualified Intermediary services to investors seeking to structure tax-deferred exchanges under IRC Section 1031. Mary is responsible for a team of professionals who are dedicated to Qualified Intermediary and Exchange Accommodation Titleholder services to attorneys, accountants, real estate and tax professionals nationwide. Mary’s expertise comes from her direct involvement with tens of thousands of tax-deferred exchanges across a diverse group of assets over a 25+ year period. Mary is actively involved in the Federation of Exchanges Accommodators (FEA) the national trade organization for qualified intermediaries. Mary currently serves on the FEA Executive Committee and is a past President. She holds the Certified Exchange Specialist® designation.
Teresa Fluegel is Executive Vice President of Chicago Deferred Exchange Company. Teresa is responsible for providing consulting services to real estate and tax attorneys, accountants, investors and commercial real estate professionals across the country with a focus on the West Coast since 2000. She has the expertise that comes from direct involvement with tens of thousands of tax deferred exchanges for real property. Teresa earned the professional designation of Certified Exchange Specialist in 2004.
Ray Evans CPA, is a Tax Partner with RINA and has been with the Firm since 2005. With more than 25 years of experience, Ray brings his expertise in navigating the complexities of tax laws both to his clients and to the firm. Ray provides tax consulting and compliance services that meet the specialized needs of small to mid-size companies and their business owners with an emphasis in real estate and construction. He specializes in business tax planning and compliance, multi-state taxation, business succession planning, and individual tax planning and preparation.
Roshan Weeramantry is the Director of RINA Wealth Management Services, LLC (RWMS) a Registered Investment Advisory firm and a division of RINA Accountants & Advisors (RINA). RWMS is completely independent and brings to the table a more holistic approach by incorporating wealth management services as an option for our existing tax clients. As a result, Roshan works with RINA’s tax team to ensure that client’s financial and estate plans are designed as tax efficiently as possible. He works with his client’s attorneys and CPAs to make sure everyone is working towards the same goals and plays a vital role in making sure the larger plan gets executed properly.
Recorded February 24, 2021