Richard T. Murphy

UpREITs: Tax-Driven Conversions for Property Owners

By Rich Murphy, Calkain Asset Management

One of the more under-discussed aspects of the REIT is how it can benefit a seller of real estate. By contributing a property to a REIT, you can achieve many of the same benefits associated with a 1031 Exchange including deferral of gain recognition, not to mention several other potential advantages.