Proven Experts
As the leading 1031 exchange experts in New York, API has successfully managed over 200,000 exchanges across a diverse range of property types.
Trust 1031 Exchange Experts in New York
Leave the confusing details of 1031 exchanges in New York up to the API team.
Unwavering Security
Our clients’ transactions are safeguarded by stringent security measures and a solid “Letter of Assurance” available upon request backed by our parent company, Stewart Information Services Corporation, a NYSE publicly traded company (NYSE: STC).
It’s Time for API to Help You Maximize Your Real Estate Investments & Portfolio With a 1031 Exchange in New York
Investors are always looking for avenues to boost their real estate portfolios. But how can you get past those expensive capital gains taxes? Asset Preservation, Inc. (API) can help you with a 1031 exchange strategy in New York that does just that. Contact us and ask for the guidance of our 1031 experts in New York.
New York 1031 Exchange Client Testimonials
I know now to contact Asset Preservation for a 1031.
We have done many tax exchanges, but I hope never to do another without API.
I have referred several people to API. My Realtor and my lawyer both said they found API’s services very helpful. They both referred to the API website frequently to answer questions and learn more about 1031 exchanges. I’m very glad to have found you.
Very knowledgeable, quick response time to my questions. Flawless execution, even at the 11th hour. Thank you!
I am so pleased I decided to have you handle this exchange. I know that your actions were always by-the-book and above reproach. I am so very thankful for that! I will refer anyone considering a 1031 exchange to you. Thanks!
Being able to do business over email, phone and fax was a huge time saver and convenience for me.
Great Topic…great instructor…a must for all real estate agents.
The World Finacial Center in Manhattan, New York City.
1031 Exchange in New York
1031 exchanges in New York have been a large portion of Asset Preservation’s tax-deferred exchange activity. As a leading national qualified intermediary, Asset Preservation is committed to providing its New York 1031 exchange customers with unmatched service and the highest level of security available in the 1031 exchange industry. From the customer’s first contact with an API representative, our experts work together to meet your needs. Our 1031 experts in New York ensure a smooth transaction with no surprises. In the background, API management maintains tight financial controls and multi-layered security systems to provide a level of comfort and the quality of performance relied on by sophisticated investors and Corporate America; we call it “The API Advantage™.”
The following is a list of topics that may be helpful for 1031 exchange customers in New York.
The 1031 Exchange in New York — Why It’s a Popular Option for Deferring Capital Gains
New York, known for its bustling real estate market and diverse investment opportunities, has become a prime location for investors looking to maximize their returns while deferring capital gains taxes through a 1031 exchange. Here’s why the 1031 exchange in New York is particularly popular:
High-Value Real Estate Market
New York’s real estate market, particularly in Manhattan, Brooklyn, and other parts of New York City, is among the most valuable in the world. High property values mean that capital gains can be substantial when properties are sold. The 1031 exchange in New York allows investors to defer these significant capital gains taxes, reinvesting the proceeds into other investment properties without the immediate tax burden. This strategy is crucial for those looking to continually expand their portfolios in one of the most competitive real estate markets globally.
For more information on New York’s property market values, visit the Real Estate Board of New York.
Diverse Investment Opportunities
From high-rise condos and luxury apartments in Manhattan to brownstones in Brooklyn and sprawling estates in the Hamptons, New York offers a diverse array of real estate investment opportunities. This variety is a major advantage for investors utilizing a 1031 exchange in New York, as it provides a broad spectrum of like-kind properties to reinvest in. Whether you’re interested in commercial properties, residential units, or mixed-use developments, the New York real estate market accommodates a wide range of investment strategies.
Trends in real estate are always changing and fluctuating. Take a couple of minutes to explore New York real estate trends on StreetEasy.
Strong Rental Market
New York City’s rental market is one of the strongest in the country, driven by constant demand from a steady influx of residents, students, and professionals. This high demand for rental properties makes the 1031 exchange in New York particularly appealing for investors looking to transition into lucrative rental markets. By deferring capital gains taxes, investors can reinvest in high-demand areas and benefit from a steady stream of rental income.
Strategic Economic Hub
New York is not only a global financial center but also a strategic economic hub for various industries, including technology, media, and fashion. This dynamic economic landscape attracts a wide range of professionals and businesses, leading to a constant demand for both residential and commercial properties. The 1031 exchange in New York enables investors to leverage this demand, strategically reinvesting in properties that are poised for appreciation and rental income growth.
Why not take a few minutes to learn a bit more about New York’s economy from the New York City Economic Development Corporation?
Growing Suburban Appeal
While New York City remains a major draw, there is a growing appeal in the suburban areas of New York, such as Westchester County, Long Island, and parts of Upstate New York. These areas offer more space and a lower cost of living while still providing access to the city’s job market and amenities. The trend toward suburban living has increased property values and rental demand in these areas, making a 1031 exchange in New York an effective strategy for investors looking to diversify their holdings outside of the city while deferring taxes.
New York 1031 Exchange Client Testimonials
The instructor’s depth of knowledge, and skills in communication, made this a session that is far above any I’ve seen. Instills great confidence in API.
API knows the subject matter and presents it in an understandable manner. I wish I had talked with API before my last 1031.
So friendly, personal, efficient and competent (and painless).
Your entire team was always helpful, always professional and extremely well advised of all conditions and procedures for 1031 exchanges. I particularly found API’s command of the subject matter and the simple way complex issues were explained to me invaluable to my investments and overall planning. On a scale of 1-5, asked above, I would give API a 6 and have recommend your company to many friends and associates. Thank you.
The presenter did a great job of condensing complicated material into a concise and dynamic presentation.
Your seminar was truly outstanding…one of the best I have taken in a very long time….. thank you for all of the informative information.
I learned a lot in a few hours that would have taken days elsewhere.
Great experience, would highly recommend your service.
About Pamela Michaels-1031 Exchange Expert in New York
Pamela A. Michaels, Esq. is an attorney and has acted as Senior Vice President of Asset Preservation, Inc. since 2004. Pamela specializes in guiding attorneys, CPAs, investors, financial advisors, and other real estate professionals through the regulations and requirements of IRC §1031. Pamela dedicates a significant portion of her time to providing practical presentations to accountants, attorneys, real estate brokers, and investors throughout New York and the Northeast, featuring real-life 1031 exchange in New York scenarios to illustrate a wide range of investment and tax strategies.
Prior to joining Asset Preservation, Inc., Pamela served as an executive and general counsel to diverse financial organizations and real estate companies. Pamela became known early in her career for her work out strategies in the commercial sector and was successful in assisting a number of financial institutions in resolving their non-performing real estate portfolios during the S&L crisis. Pamela has a strong background in the operational, financial, and legal aspects of real estate, including real estate acquisitions, financing, construction, and sales.
Contact Pamela Michaels today for information about completing a 1031 exchange in Connecticut, New Jersey, Pennsylvania, New York City, Manhattan, and throughout the state of New York.
National Headquarters
Located In Northern California
1420 Rocky Ridge Drive, Suite 270, Roseville, CA 95661
800.282.1031 | 916.791.5991 | F 916.749.1270
Eastern Regional Office
Located In Long Island, NY
135 Main Street, Suite 1, Westhampton Beach, New York 11978
866.394.1031 | 631.369.3617 | F 631.614.79550
Let’s Defer Those Capital Gain Taxes With the Help of Our 1031 Experts in New York
We don’t want the worries of accumulating capital gains taxes holding you back from continuing to build your real estate portfolio. API has all of the knowledge with the assistance of our 1031 experts in New York. Why should real estate investors in New York choose to work with our 1031 experts? The reason is simple — we have successfully managed over 200,000 exchanges, bringing unparalleled expertise and knowledge to every transaction.
So why not use the 1031 exchange in New York to defer those capital gains taxes? You’ll free up more of your capital to continue building your real estate portfolio. Contact us — we are here to help with the process.