Podcast appearances and mentions of Michael S Brady

In this episode, we welcome our awesome guest Michael Brady. He is the Executive Vice President of Madison 1031 Exchange where he shares his ups and downs, tips and knowledge in 1031 exchange investing. He discussed how to dive into real-estate with a right mindset. Stay tuned for this interesting episode! In this episode, We explore:Lessons learned in his 1031 Exchanges journeyThe Power of 1031 exchanges in investing Tax savings benefit of 1031 exchanges Opportunity zone vs. 1031 exchangeHow does 1031 exchange work?Why you need Qualified IntermediarySyndication vs. 1031 ExchangeImportance of alignment of IRSPartnership structure in 1031 exchange and SyndicationRight mindset in 1031 exchange investingAbout Michael Brady:Michael S. Brady is Executive Vice President of Madison 1031, a national Qualified Intermediary for tax-deferred Exchanges pursuant to Internal Revenue Code §1031. 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, as well as overseeing Madison 1031 Exchange's national sales and marketing efforts. His seminars have received rave reviews for being both entertaining and informative, and his audiences have included top law and accounting firms as well as brokerage companies nationwide.. Prior to joining Madison 1031, Mr. Brady headed up three other leading 1031 exchange companies, overseeing several thousand 1031 exchange transactions during his career. As an attorney, Mr. Brady has over 25 years of experience representing clients in commercial and residential real estate transactions, as well as a wide variety of business transactions and commercial litigation matters, and has acted as general counsel to a title insurance companySnapshot Round:What is your number one failure in real-estate?so my personal one, actually, we bought a primary residence. Now not an investment so much. So I had the opportunity when I was much younger to go buy a piece of property. out east I live on Long Island in New York and I had some the opportunity to buy some property, or a house actually, in an eastern part of Long Island. But at the time, it was number one, it would have increased my daily commute as an attorney by about 40 minutes. And it also was probably double the price of what I actually paid for my head, the house I did wind up in, and of course, double at that point, if you could believe this or not, it was a difference of going from, I think $150,000 to $300,000. Right? So we're not talking about 500 to a million. Now the money seems so small, but back then it may as well have been a million dollars and so that property is probably worth multiples of what my current house is but also just was such a beautiful house and if I had scratched and kind of tried to make a thing, make it work and I wound up leaving that job anyway, working closer. So that's the downside for the clients, though, the biggest issue that I see is people who wait till that last minute and then they rush and they buy garbage, right? So I always say I'm answering one of your other lightning round questions. But you're better off paying taxes than buying a bad real estate investment with taxes, what your downside is you're going to pay 30%. If you're buying a bad property, you can lose a lot more than 30%. So in many cases, you might be better off paying the taxes.What is the number one thing that's contributed to your success?Curiosity and education. So I'm just a person that loves to learn and I'm constantly reading, attending seminars. And the more information you have, and anybody getting involved in real estate, the more information you have, the better off you'll be if you can understand things like cap rate, if you can understand cash flow, cash on cash return, if you can understand demographics of a neighborhood and kind of look ahead and see, you know, what might create value that's not presently in a propert

Michael S. Brady, Esq. is Executive Vice President for Madison 1031 Exchange, a national Qualified Intermediary for tax-deferred Exchanges pursuant to Internal Revenue Code §1031. As a Certified Exchange Specialist and an attorney, his services include consulting with clients and their advisors, as well as giving seminars for attorneys, accountants, and real estate professionals, and publishing articles on tax and legal issues. Prior to joining Madison 1031, Mr. Brady was Vice President of Eastern Operations for Asset Preservation, Inc., the §1031 Exchange qualified intermediary subsidiary of Stewart Title Insurance Company, where he managed sales and operations staff handling several thousand transactions annually. During his career, he has headed up two other §1031 Exchange companies, and has acted as general counsel for a title insurance company. As an attorney, Mr. Brady has over 20 years’ experience representing clients in commercial and residential real estate transactions, as well as a wide variety of business transactions and commercial litigation matters. Mr. Brady received a Bachelor of Arts degree from Binghamton University, and earned his Juris Doctorate from New York Law School, where he was a member of the Law Review and graduated Cum Laude.

This week we’re talking with tax saving experts, Michael Brady and Alex S.! In this episode we're covering: How to save taxes on your investment properties When NOT to use a 1031 exchange Deadlines to hit Finding the correct qualified intermediary to help with your 1031 exchange And so much more!! Michael S. Brady is an attorney who has over 25 years of experience representing clients in commercial and residential real estate transactions, as well as a wide variety of business transactions and commercial litigation matters. In addition to representing clients in legal matters, he serves as Executive Vice President for Madison Exchange, a national qualified intermediary for tax-deferred Exchanges pursuant to Internal Revenue Code §1031. During his career, he has also served as general counsel to a leading title insurance company, and served on the board of several not-for-profit organizations. Mr. Brady has published many articles on tax and legal issues and is the primary author behind the Madison 1031 Zone blog. His seminars have received rave reviews for being both entertaining and informative, and his audiences have included top law and accounting firms as well as brokerage companies nationwide. Reach out to Michael at the following link: http://1031zone.madison1031.com/ Let us know how you like it. Rate us. Leave a comment. Email us at info@abundantculture.co. Do something! Connect with us at: IG: @abundant.culture FB: @abundantculture Rate us on your favorite podcast platform! Join our newsletter: https://www.abundantculture.co/newsletter

Today we're digging into a more technical and less glamorous topic - but it's a crucial one if you are serious about having a business. We're talking all about forming legal entities like Limited Liability Companies (LLCs) and corporations to protect yourself and your real estate & business assets. Michael S. Brady is an attorney with over 25 years of experience representing clients in commercial and residential real estate transactions, as well as a wide variety of business transactions and commercial litigation matters. In this episode Michael walks us through a couple scenarios for owning a real estate business and things you need to think about for your legal entity's structure. We also talk about the differences between LLCs and corporations, when you may want to work one-on-one with a lawyer instead of just using something like Legal Zoom, and some of the contingencies you need to plan for when setting up your business. Find complete show notes and more information at therichergeek.com/podcast.

Alex Shandrovsky is a Silicon Valley seasoned entrepreneur. Starting with a $3,000 Loan, He  built a multi-million dollar catering business serving leading tech companies including Google, Airbnb and Facebook. . He has been featured in numerous publications including Haaretz, Newsweek and San Francisco Chronicle and has studied Digital Marketing at Dartmouth University Business School. As a Senior Business Development representative for Madison 1031 Exchange, Alex has the privilege of building multigenerational wealth for driven real estate investors. He is a proud husband and father to 3 adorable children. Michael S. Brady is Executive Vice President of Madison 1031, a national Qualified Intermediary for tax-deferred Exchanges pursuant to Internal Revenue Code §1031. 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, as well as overseeing Madison 1031 Exchange's national sales and marketing efforts. His seminars have received rave reviews for being both entertaining and informative, and his audiences have included top law and accounting firms as well as brokerage companies nationwide. Mr. Brady has published many articles on tax and legal issues and is the primary author behind the Madison 1031 Zone blog. Prior to joining Madison 1031, Mr. Brady headed up three other leading 1031 exchange companies, overseeing several thousand 1031 exchange transactions during his career.  As an attorney, Mr. Brady has over 25 years of experience representing clients in commercial and residential real estate transactions, as well as a wide variety of business transactions and commercial litigation matters, and has acted as general counsel to a title insurance company. Connect with Alex and Mike Website: https://www.madison1031.com/About/MBrady ___________________________________ Want to appear on our podcast?  Contact Us Learn how you can passively put your hard earned money to work for you through multifamily syndication:  Steed Talker Capital Connect with Us: Facebook Twitter Linkedin Instagram Youtube

In this episode, Mike Brady of Madison 1031 takes us through an overview of the 1031 exchange process and laws. He covers the basics and dives into some details that apply specifically to apartment investors. This episode is also in webinar version with slides that will be helpful to the discussion. You can find the webinar at https://youtu.be/MbW5hVYZj2cAbout Our Guest:Madison 1031 is an established, reputable company with many years of experience and stability. Michael S. Brady, Esq. is Executive Vice President for Madison 1031 Exchange, a national Qualified Intermediary for tax-deferred Exchanges pursuant to Internal Revenue Code §1031. As a Certified Exchange Specialist® and an attorney, his responsibilities include consulting with clients and their advisors on the regulations affecting §1031 Exchanges, as well as giving seminars for attorneys, accountants, and real estate professionals, and publishing articles on tax and legal issues.Prior to joining Madison 1031, Mr. Brady was Vice President of Eastern Operations for Asset Preservation, Inc., the §1031 Exchange qualified intermediary subsidiary of Stewart Title Insurance Company, where he managed sales and operations staff handling several thousand transactions annually. During his career, he has headed up two other §1031 Exchange companies, and has acted as general counsel for a title insurance company. As an attorney, Mr. Brady has over 20 years’ experience representing clients in commercial and residential real estate transactions, as well as a wide variety of business transactions and commercial litigation matters.Mr. Brady received a Bachelor of Arts degree from Binghamton University, and earned his Juris Doctorate from New York Law School, where he was a member of the Law Review and graduated Cum Laude.Connect With Our Guest:Website: https://www.madison1031.com/Linkedin: https://www.linkedin.com/in/mikesbrady/CONNECT WITH US! Canovo Capital: https://www.canovocapital.com/Facebook: https://www.facebook.com/apartmentinvestingjourney/?modal=admin_todo_tourYouTube: https://www.youtube.com/channel/UCpmNIzpEzxGn5ZuNgjAVV-w/featuredInstagram: https://www.instagram.com/apartmentinvestingjourney/Apple Podcasts: https://podcasts.apple.com/us/podcast/apartment-investing-journey/id1464256464LOVE THE SHOW? PLEASE SUBSCRIBE, RATE, REVIEW & SHARE!