Download the Gold Nuggets .pdf from the interview.
Jamie Furlong is a Managing Partner at Legacy Investments & Real Estate, operating at the elite, dual-regulated intersection of commercial real estate and securitized investments. Holding a Bachelor of Science in Mathematics and Economics from USC, alongside advanced industry credentials including a CCIM designation and Series 22 and 63 financial licenses, she specializes in sophisticated tax-deferral strategies. Over a distinguished career, Furlong has built a reputation as a top-producing broker-dealer nationally, facilitating more than 315 complex Delaware Statutory Trust (DST) transactions. Her core professional thesis focuses on helping aging, fatigued real estate owners preserve their hard-earned equity by smoothly transitioning from the operational headaches of active property management into institutional-grade, passive wealth-generating portfolios.
Link to the YouTube Interview.
DISCLOSURES AND DISCLAIMERS
This is for informational purposes only, does not constitute as individual investment advice, and should not be relied upon as tax or legal advice. Please consult the appropriate professional regarding your individual circumstance. The views of this material are those solely of the author and do not necessarily represent the views of the presenting party, nor their affiliates. Statements concerning financial market trends are based on current market conditions, which will fluctuate.
There are material risks associated with investing in real estate securities and 1031 replacement properties such as Delaware Statutory Trusts (“DSTs”), including liquidity, tenant vacancies, general market conditions and competition, lack of operating history, interest rate risks, the risk of new supply coming to market and softening rental rates, general risks of owning/operating commercial and multifamily properties, short term leases associated with multi-family properties, financing risks, potential adverse tax consequences, general economic risks, development risks, long hold periods, and potential loss of the entire investment principal.
Risks associated with 1031 exchange- A 1031 exchange has an identification period of 45 days from the sale of the relinquished property to identify a potential replacement property or properties depending on the value of the previous property. To defer all capital gains tax, you must reinvest the entire net proceeds from the sale of the relinquished property into the replacement property and acquire debt on the new property that is equal to or greater than the debt on the property that was just sold and relinquished.
An UPREIT (umbrella partnership real estate investment trust) is a REIT structure that allows property owners to exchange their property and defer taxes on the sale of property in exchange for UPREIT units though capital gains taxes on UPREIT units are subject to standard REIT taxation. UPREITs are generally subject to Internal Revenue Code (IRC) Section 721 exchanges.
Estimates are inherently limited and should not be relied upon as an indicator of future results. The content of this presentation is neither an offer to sell nor a solicitation of an offer to buy any security which can only be made by prospectus. Investors should also understand all fees associated with a particular investment and how those fees could affect the overall performance of the investment. Potential cash flows/returns/appreciation are not guaranteed and could be lower than anticipated. Diversification does not guarantee profits or guarantee protection against losses.
Private placements are only available to accredited investors (typically defined as having a $1 million net worth excluding primary residence or $200,000 income individually/$300,000 jointly of the last two years; or have an active Series 7, Series 82, or Series 65). Individuals holding a Series 66 do not fall under this definition) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your CPA and Attorney.
Securities offered through Concorde Investment Services, LLC (CIS), member FINRA/SIPC. Legacy Investments & Real Estate, LLC is independent of CIS.
