Patrick Furlong's guest appearances

Patrick Furlong

More In Common

RoswellUMC Men's Breakfast

Grow Money Business with Grant Bledsoe

Kristen Bell

J Scott

Jason Scott

Pat Duffy

Karyn Kusama

John Butler

Mike Miller

Jeff Bezos

Robert Farrington

Eric Anderson

Steve Anderson

Jeff Ross

Jeff Henderson

Keith Ferguson

Lisa Davis

OwlTail

Both 1031 Exchanges and Delaware statutory trusts are essential instruments for financial planning. In today's episode, we explore more about the deferring taxes using 1031 Exchanges and Delaware statutory trusts with Jamie &amp; Patrick Furlong. Jamie &amp; Patrick specialize in 1031 Exchanges with DST's and other securitized real estate investments. They exclusively serve clients seeking to acquire replacement properties in a 1031 exchange, navigate the complexities and time restrictions in the ever-changing 1031 environment through their company, Legacy Investment Real Estate. [04:05] Story of Jamie &amp; Patrick – Patrick shares their origin story, what they do, and how they do it. [11:32] Delaware Statutory Trust – Jamie and Patrick explain Delaware statutory trust in detail, sharing compressive real-life examples. [19:37] Importance of DST - Jamie talks about the significance of Delaware statutory trust and why someone should invest a property into a Delaware statutory trust in the first place. [33:15] Holding Period - Non-traded real estate investment trusts can bring you a vast misfortune. Jamie discusses the holding time you should consider when contemplating real estate investment trusts. [37:46] Role of the Manager – Patrick talks about the manager's role in Delaware statutory trusts. [46:49] 1031 Exchange Tax Code – Jamie and Patrick talk about the predictable changes in the 1031 Exchange tax code. Resources: Connect with Jamie and Patrick: Website: legacyire.com Jamie LinkedIn: linkedin.com/in/jamie-furlong-927b9658/ Email: jamie@legacy1031exchange.com   Patrick LinkedIn: linkedin.com/in/farmranch1031exchangennn/ Email: patrick@legacy1031exchange.com

Both 1031 Exchanges and Delaware statutory trusts are essential instruments for financial planning. In today's episode, we explore more about the deferring taxes using 1031 Exchanges and Delaware statutory trusts with Jamie &amp; Patrick Furlong. Jamie &amp; Patrick specialize in 1031 Exchanges with DST's and other securitized real estate investments. They exclusively serve clients seeking to acquire replacement properties in a 1031 exchange, navigate the complexities and time restrictions in the ever-changing 1031 environment through their company, Legacy Investment Real Estate. [04:05] Story of Jamie &amp; Patrick – Patrick shares their origin story, what they do, and how they do it. [11:32] Delaware Statutory Trust – Jamie and Patrick explain Delaware statutory trust in detail, sharing compressive real-life examples. [19:37] Importance of DST - Jamie talks about the significance of Delaware statutory trust and why someone should invest a property into a Delaware statutory trust in the first place. [33:15] Holding Period - Non-traded real estate investment trusts can bring you a vast misfortune. Jamie discusses the holding time you should consider when contemplating real estate investment trusts. [37:46] Role of the Manager – Patrick talks about the manager's role in Delaware statutory trusts. [46:49] 1031 Exchange Tax Code – Jamie and Patrick talk about the predictable changes in the 1031 Exchange tax code. Resources: Connect with Jamie and Patrick: Website: <a href="https://legacyire.com" rel="nofollow" target="_blank">legacyire.com</a> Jamie LinkedIn: <a href="https://linkedin.com/in/jamie-furlong-927b9658/" rel="nofollow" target="_blank">linkedin.com/in/jamie-furlong-927b9658/</a> Email: <a href="mailto:jamie@legacy1031exchange.com">jamie@legacy1031exchange.com</a> Patrick LinkedIn: <a href="https://linkedin.com/in/farmranch1031exchangennn/" rel="nofollow" target="_blank">linkedin.com/in/farmranch1031exchangennn/</a> Email: <a href="mailto:patrick@legacy1031exchange.com">patrick@legacy1031exchange.com</a>

Ep #112 - Deferring Taxes Using 1031 Exchanges & Delaware Statutory Trusts with Jamie & Patrick Furlong

Patrick works as a Case Manager of Community of Care in Student Affairs at Loyola Marymount University. Before returning to his alma mater, he worked at TOMS Shoes, designing and leading international immersion experiences around the world for employees to connect to the mission of the company.   Patrick has lived in four different countries and traveled to over fifty countries. He is a big supporter of the global learning initiatives.   As an undergraduate, Patrick founded Magis, a student service organization dedicated to service, diversity, and spirituality. He was also a leader in Alternative Breaks, and studied abroad in Ireland. He was awarded the Robert Graham, SJ award in 2006, which is presented to one outstanding graduating senior man and one woman who have excelled in service and leadership throughout their undergraduate careers.   A man of many experiences and an amazing story teller.  We are excited to have him here today!     "Hope is the active conviction that despair won't have the last word"  Cory Booker   Topics we cover/// Curiosity and helping people find it so we can all be heard Struggling with complexity and lack of binary choices Millennials, decision making and how he sees them Navigating appropriate action in the moment  Growing up in New Mexico and how impactful that was to him  Running away from home due to his parents separating Empathy vs. Compassion  References: Patrick's TedX Is it a 6 or a 9? Loyola Marymount University Friendship park J.K. Rowling - The Fringe Benefit of Failure Home Boy Industries    Credits:   Lead editor + Producer: Ruf Holmes   Music:   Main Theme: "I dunno" by grapes (c) copyright 2008 Licensed under a Creative Commons Attribution (3.0) license.http://dig.ccmixter.org/files/grapes/16626 Ft: J Lang, Morusqu Guest theme: "Mellow Record" by DJ Rufbeats created as a More In Common Podcast Exclusive. 

Patrick works as a Case Manager of Community of Care in Student Affairs at Loyola Marymount University. Before returning to his alma mater, he worked at TOMS Shoes, designing and leading international immersion experiences around the world for employees to connect to the mission of the company. Patrick has lived in four different countries and traveled to over fifty countries. He is a big supporter of the global learning initiatives. As an undergraduate, Patrick founded Magis, a student service organization dedicated to service, diversity, and spirituality. He was also a leader in Alternative Breaks, and studied abroad in Ireland. He was awarded the Robert Graham, SJ award in 2006, which is presented to one outstanding graduating senior man and one woman who have excelled in service and leadership throughout their undergraduate careers. A man of many experiences and an amazing story teller.  We are excited to have him here today! "Hope is the active conviction that despair won't have the last word"  Cory Booker Topics we cover/// <ul><li>Curiosity and helping people find it so we can all be heard</li> <li>Struggling with complexity and lack of binary choices</li> <li>Millennials, decision making and how he sees them</li> <li>Navigating appropriate action in the moment </li> <li>Growing up in New Mexico and how impactful that was to him </li> <li>Running away from home due to his parents separating</li> <li>Empathy vs. Compassion</li> </ul> References: <ul><li><a href="https://www.youtube.com/watch?v=CPI0RxfQfy0" rel="nofollow" target="_blank">Patrick's TedX</a></li> <li><a href="https://image.ibb.co/kJbffk/6_9_perspective.jpg" rel="nofollow" target="_blank">Is it a 6 or a 9?</a></li> <li><a href="https://www.lmu.edu/" rel="nofollow" target="_blank">Loyola Marymount University</a></li> <li><a href="https://www.friendshippark.org/" rel="nofollow" target="_blank">Friendship park</a></li> <li><a href="https://www.ted.com/talks/jk_rowling_the_fringe_benefits_of_failure" rel="nofollow" target="_blank">J.K. Rowling - The Fringe Benefit of Failure</a></li> <li><a href="https://homeboyindustries.org/" rel="nofollow" target="_blank">Home Boy Industries</a></li> </ul> Credits: Lead editor + Producer: Ruf Holmes Music: Main Theme: "I dunno" by grapes (c) copyright 2008 Licensed under a Creative Commons Attribution (3.0) license.http://<a href="http://dig.ccmixter.org/files/grapes/16626" rel="nofollow" target="_blank">dig.ccmixter.org/files/grapes/16626</a> Ft: J Lang, Morusqu Guest theme: "Mellow Record" by DJ Rufbeats created as a More In Common Podcast Exclusive.

Patrick Furlong /// Venture into our Differences First /// E054

10-06-2016 - Patrick Furlong