Heather Sells NYC, Heather Cooper, Episode 13

In this episode of Heather Sells NYC, Heather Cooper speaks with Keren G. Birnbaum, Esq., Founding Partner of Birnbaum Lewis, PLLC. Keren concentrates her practice in the areas of Estate Planning, Trust and Estate Administration, Elder Law, and Special Needs Planning. She has over 10 years of experience advising clients on how to protect themselves, their loved ones and their businesses in the event of death, incapacity or disability.

Tune in to the episode to hear about:

* The importance and intricacies of estate planning in real estate transactions

* Understanding executors and beneficiaries in estate sales

* The challenges of multiple executors and estate administration

* Navigating the Probate Process and Its Impact on Real Estate

* Dealing with debts and creditors in estate settlement

* The role of trusts in estate planning for younger couples

* The importance of wills for everyone

* Navigating healthcare directives and power of attorney

* The role of guardianship in estate planning

Learn more about Keren Birnbaum:

* Connect with Keren on LinkedIn: https://www.linkedin.com/in/keren-g-birnbaum/

* Follow Birnbaum Lewis on LinkedIn: https://www.linkedin.com/company/birnbaum-lewis

* Visit Birnbaum Lewis’ website: https://www.birnbaumlewis.com/

* Follow Birnbaum Lewis on Facebook: https://www.facebook.com/BirnbaumLewis

* Follow Birnbaum Lewis on Instgram: https://www.instagram.com/birnbaumlewis

Heather Sells NYC with Heather Cooper, Episode 12

In this episode of Heather Sells NYC, Heather M. Cooper speaks with Eric Brecher, an attorney with 25 years of experience and a qualified intermediary for 1031 exchanges for over 18 years, currently working for CDEC 1031 Exchange, a subsidiary of WinTrust Financial. With a detailed background in facilitating real estate transactions that allow investors to defer taxes through the strategic use of 1031 exchanges, Eric provides a wealth of knowledge on the topic.

Tune in to the episode to hear about:

* The role and importance of a qualified intermediary in 1031 exchanges, including the safekeeping of funds and ensuring compliance with critical deadlines

* The fundamental principles and statutory requirements of 1031 exchanges, highlighting the need for real property to be held for investment or used in trade or business, and the property acquired to be of like kind

* Common misconceptions about 1031 exchanges, such as the necessity to reinvest only the gain or to purchase a similar type of property as the one sold

* The critical timelines involved in 1031 exchanges, including the 45-day identification period and the 180-day completion window, as well as the flexibility to diversify geographically, by asset class, or by the number of properties

* Advanced strategies in 1031 exchanges, such as reverse exchanges, where the replacement property is acquired before the relinquished property is sold, and the nuances of navigating these transactions

This comprehensive discussion with Eric Brecher sheds light on the complexities and strategic advantages of 1031 exchanges for real estate investors, providing valuable insights for anyone looking to optimize their real estate investments in the context of tax deferral strategies.

Learn more about Eric Brecher:

* LinkedIn Profile: https://www.linkedin.com/in/ericbrecher/

* Call: 917-455-1551

* Email: eric​.brecher​@cdec1031​.com

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About Heather Sells NYC:

Helping people navigate through the intricacies of buying & selling real estate in New York City, to get the greatest value.

Watch more episodes of Heather sells NYC:

* Website: https://heathersellsnyc.com/

* Youtube: https://www.youtube.com/channel/UCdjeshhhXNKIp0nlNlcMpcw

Connect and learn more from your host, Heather Cooper:

* Website: https://heathersellsnyc.com/

* Youtube: https://www.youtube.com/channel/UCdjeshhhXNKIp0nlNlcMpcw

* LinkedIn: https://www.linkedin.com/in/heathermcooperre/

* LinkedIn Co Page: https://www.linkedin.com/company/96242095/admin/feed/posts/

* Facebook Business: https://www.facebook.com/heathersellsnyc

* Instagram: https://www.instagram.com/heathersellsnyc_/

* Twitter: https://twitter.com/heathersellsnyc

In this episode of "Heather Sells NYC," Heather Cooper introduces her guest, Lawrence Chaifetz, a seasoned real estate attorney from the esteemed law firm of Chaifetz and Chaifetz. With over 30 years of experience practicing real estate law across New York, Lawrence brings a wealth of expertise to the table.

Tune in as Heather dives into Lawrence’s journey into real estate law and the founding of Chaifetz and Chaifetz:

Tune in to discover:

* The pivotal role of market timing and negotiation strategies in real estate deals

* How seasoned real estate brokers like Heather decipher market conditions and optimize pricing

* Essential buyer due diligence steps and expert advice on navigating potential pitfalls

* Proven seller strategies for maximizing property value amidst shifting market trends

* The harmonious collaboration between real estate professionals and legal experts to streamline transactions

Join us for an enriching dialogue that unveils the synergy between market dynamics and legal acumen, essential for success in the dynamic NYC real estate realm!

Learn more about Lawrence Chaifetz:

* Connect with Lawrence on LinkedIn: https://www.linkedin.com/in/lawrence-chaifetz-466a45

* Follow Chaifetz & Chaifetz LLC on LinkedIn: https://www.linkedin.com/company/chaifetz-&-chaifetz/about/

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About the Heather Sells NYC:

In Heather Sells NYC, Heather Cooper brings in real estate professionals and experts to help her audience navigate through the intricacies of buying and selling real estate in New York City, to get the greatest value.

Subscribe to the Heather Sells NYC Podcast on Apple: https://podcasts.apple.com/us/podcast/heather-sells-nyc/id1712500181

Subscribe to the Heather Sells NYC Video Series on Youtube: https://www.youtube.com/channel/UCdjeshhhXNKIp0nlNlcMpcw

Connect with Heather Cooper:

* Website: https://heathersellsnyc.com/

* LinkedIn: https://www.linkedin.com/in/heathermcooperre/

* Facebook: https://www.facebook.com/HeatherMCooperRealEstate

* Instagram: https://www.instagram.com/heathersellsnyc_/

* Email: heather.cooper@compass.com