Seth Glasser sits down with Todd Pajonas, President of Legal 1031 Exchange Services, to unpack a landmark New York ruling that validated the “drop and swap” strategy in 1031 exchanges. Todd explains the case background, why it matters for partnerships and LLCs, and what investors need to know about timing, lender approvals, and planning ahead. He also shares where he’s seeing exchange capital flow across the country and why he’s optimistic about the market.

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