This week I chat with Michael Brady who is the Executive Vice President of Madison 1031, a national Qualified Intermediary for tax-deferred Exchanges. As a Certified Exchange Specialist and attorney, his responsibilities include consulting with clients and their advisors to provide guidance on the regulations affecting §1031 Exchanges.

We tackle the big questions of what is a 1031 exchange, who qualifies to take advantage of it, and how investors can utilize a 1031 to defer capital gains taxes on their real estate investments.