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Pivot Professional Partners’ Leadership Discusses the Pivotal Role Experience Plays in the Firm

By: Get News
Pivot Professional Partners’ Leadership Discusses the Pivotal Role Experience Plays in the Firm

Today’s investment and financial landscape is a challenging one, requiring extensive knowledge and a comprehensive understanding of multidisciplinary fields in order to reliably navigate deals and make informed investment decisions.

With a focus on education, experience, and expertise, Pivot Professional Partners offers unmatched consulting, advice, and guidance on the successful implementation of retirement plans, tax deferral strategies, 1031/1033 Exchanges, DST/TIC investments, alternative investments, and opportunity zones.

Fundamental to its undeniable track record of successful client outcomes is its leadership and human capital, bringing a depth of experience and knowledge to the table.

This quarter, Pivot Professional Partners highlights the experience of its leader and CEO, an individual who has been instrumental in developing customized strategies that deliver strong returns for clients.

Expertise Clients Can Trust

CEO and Founder, Jon Paul Cirelli

Jon Paul Cirelli is considered by many to be a thought leader in the financial industry, bringing more than two decades of experience to the table. Having founded Pivot Professional Partners, Cirelli has devoted his career to developing institutional-grade real estate solutions for both accredited and retail investors.

With expertise in estate and retirement planning, as well as tax deferral strategies, Cirelli offers a unique perspective on alternative investments, creative diversification, and protecting returns.

Since the company’s inception, Jon has helped countless clients successfully navigate complex real estate and investment challenges, delivering a stellar track record of results. Licensed in over 35 states, Jon Paul is able to effectively support clients across the majority of the continental United States, whether in the securities business or the commercial and residential real estate sector.

As a leader within Pivot Professional Partners, Jon has fostered an environment of inclusion, creativity, and performance, with clients of the firm gaining access to a dedicated team of talented professionals who are passionate about helping clients not just achieve, but surpass their goals.

1031 Exchange: a strategic deferral opportunity for capital gains tax

According to Pivot Professional Partners, 1031/1033 exchange, also known as a "like-kind" exchange, is a transaction where an investor sells a property and then uses the proceeds to purchase a new property. The key benefit of a 1031/1033 exchange is that it allows the investor to defer paying taxes on the capital gains from the sale of the original property, as long as the proceeds are used to purchase a "like-kind" replacement property.

Mr. Cirelli contends that there are several key benefits that can be had by savvy investors who hire his firm to help them navigate this process.

Benefits of 1031/1033 Exchanges May Include:

Deferral of Capital Gains Tax: As mentioned, 1031/1033 exchanges allow investors to defer paying capital gains tax on the sale of a property by rolling the proceeds into a new property. This means that the tax on the sale is deferred until the investor decides to sell the replacement property.

Potential for Increase in Basis: The basis, or cost, of the replacement property acquired in a 1031/1033 exchange is generally set equal to the fair market value of the original property at the time of the exchange. This can allow the investor to increase their basis, potentially reducing the amount of capital gains tax they will need to pay when they do eventually sell the replacement property.

Tax-Free Growth: Because the capital gains tax is deferred, the proceeds from the sale can be reinvested into the new property. This allows for tax-free growth on the invested amount, as the gain is not realized until the replacement property is sold.

Preservation of Wealth: Tax-deferred exchanges allow investors to preserve more of their wealth, as they do not have to pay as much in taxes. This can allow them to purchase more property or invest in other assets, potentially leading to greater overall returns on investment.

Creating a tax-free retirement: an investor can use 1031/1033 as a way to create a tax-free retirement by performing a series of 1031/1033 transactions over time and eventually converting the real estate portfolio into rental income that will be used during their retirement.

Mr. Cirelli reminds his clients that it is important to note that there are certain guidelines and rules that must be followed in order to qualify for a 1031/1033 exchange, and it's always wise to seek out the advice of a tax professional before pursuing a 1031/1033 exchange.

About Pivot Professional Partners

With a focus on education, experience, and expertise, Pivot Professional Partners offers consulting, advice, and guidance on the successful implementation of retirement plans, tax deferral strategies, 1031/1033 Exchanges, DST/TIC investments, alternative investments, and opportunity zones.

Backed by a strong track record of successful client outcomes and developing strategies that deliver strong returns, the company has stood out among a sea of competitors as the imminent leader in its field.

Committed to its foundational pillars of integrity, and going above and beyond with customized solutions for every client, its track record of demonstrable results remains the driving force behind everything they do.

Those interested in learning more about the company or in scheduling a consultation, are encouraged to reach out via its official website or by calling 631-275-1444.

Media Contact
Company Name: Pivot Professional Partners
Contact Person: Jon Paul Cirelli
Email: Send Email
Phone: 631-275-1444
Address:Military Trail Suite 224
City: Jupiter
State: FL
Country: United States
Website: https://www.pivotprofessionalpartners.com/



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