IPX 1031 Predicts Rising Interest Rates Will Not Impact the 1031 Market Adversely.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of & CHICAGO -- Richard Tullo, Senior Research Analyst at The Wall Street Transcript recently interviewed H. Thomas Dunck, VP, and Gabrielle Glass, Assistant VP, of IPX (Internetwork Packet EXchange) The network layer protocol in the NetWare operating system. Similar to the IP layer in TCP/IP, it contains a network address and allows messages to be routed to a different network or subnet. 1031, to gain some insight about this company and predictions about the future 1031 market. David Wanetick, Managing Director of TWST TWST The Wall Street Transcript (publication for professional investors) TWST Things We Said Today (band and a Beatles song) TWST Toronto Workshop on Software Testing , said "It was a pleasure to learn about the 1031 market from Mr. Dunck and Ms. Glass, and we look forward to having them on our panel at the Commercial Real Estate Due Diligence Research; analysis; your homework. This term has caught on in all industries, because it sounds so "wired." Who would want to do analysis or research when they can do due diligence. See wired. Conference in May." In the interview, Mr. Dunck elaborated on Investment Property Exchange Services, Inc. (IPX1031). IPX 1031 is "...the largest Qualified Intermediary The Qualified Intermediary (also known as an Accommodator) should be a corporation that is in the full-time business of facilitating 1031 exchanges. The role of a QI is similar to, but not identical to, the role of an escrow company. in the country, last year having done 28,000 or so exchanges. IPX1031 is capable of doing business all over the country for US-to-US trades, including offshore transactions that involve US territories like Puerto Rico Puerto Rico (pwār`tō rē`kō), island (2005 est. pop. 3,917,000), 3,508 sq mi (9,086 sq km), West Indies, c.1,000 mi (1,610 km) SE of Miami, Fla. and the US Virgin Islands. IPX 1031 specializes in every type of exchange transaction so clients are able to minimize tax liabilities when real and personal property assets are replaced." (For details, check out www.ipx1031.com). When Ms. Glass was asked to share her point of view on the 1031 market, she offered the following. "In 2006, I expect to see thousands of exchangers diversify diversify To acquire a variety of assets that do not tend to change in value at the same time. To diversify a securities portfolio is to purchase different types of securities in different companies in unrelated industries. into different property types by getting into pure property and/or by going into a TIC investment. I think there is still a very strong appetite for investors to trade into real estate, so we don't expect that the slight rise in rates will really have any significant negative impact on our 1031 exchange industry, especially in the Midwest where values have been stable." About this Conference: Our Conducting Due Diligence into the Purchase and Sale of Commercial Real Estate Conference is widely-acclaimed as being the most thorough summit for senior institutional real estate executives who wish to refine their due diligence skills. The program will be held on May 22-23, 2006 in Chicago, IL. Further information about this conference can be obtained from http://www.twst.com/conferences or by contacting Naomi Barazani at Naomi@twst.com or 212-952-7400 ext. 126. |
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