Fagan & Rawlings Expand 1031 Exchange Services by Launching 1031Junction.com
Fagan & Rawlings Capital Management, Inc. announced today the launching of their technologically advanced 1031 Exchange customer portal. The company is extremely excited about the release of their industry first technology which by design easily guides their clients’ through the difficult 1031 Exchange process.
Denton, TX, April 23, 2008 --(PR.com)-- 1031Junction.com was launched today by Fagan & Rawlings Capital Management. The technology is an industry first in the 1031 Exchange market. The site is a customer portal which allows real estate investors to review and find possible replacement properties that fit their criteria all from a web-based platform. All available replacement properties are carefully screened by the company and are updated daily to ensure accuracy. The website address is http://www.1031junction.com
Fagan & Rawlings Capital Management was founded in 2006 and provides tax advantaged fee based asset management to high net-worth individuals and corporations. The firm has recently become a major player in the 1031 TIC or tenant-in-common industry. “1031 exchanges offer tremendous tax deferral opportunities to our clients” says Josh Fagan, President of Fagan & Rawlings.
1031junction.com is a very advanced platform that connects real estate investors and their representatives’ with all the resources necessary to execute a 1031 exchange. The site has many useful tools that are available for anyone to utilize, including tax calculators, tax code resources, downloadable worksheets and forms, as well as a “chat now” function that allows people to interact directly from their computer with licensed professionals.
“We set out to develop a world class technology that is very user friendly and informative” Fagan said. “The TIC market has seen phenomenal growth since 2002 and we expect it to continue”
The Company has partnered with and has built a national network of CPA’s, Real Estate attorneys and Qualified Intermediaries. “There are many people and steps involved in this process, so we wanted build a large network of qualified people. An investor can visit our site and search for a CPA, lawyer or a Q.I. that is in their area, which is a huge benefit,” said Fagan.
1031junction.com also has a downloadable toolbar on the website which allows their clients to stay in constant contact with the firm. The toolbar has a built in chat function, industry news feeds, tax calculators and links to important information on their site, as well as file sharing capabilities between their clients and partners.
Josh Fagan noted that these types of investments are available by prospectus only and that potential clients must be pre-qualified prior to dealing with the firm. “TIC’s are for accredited investors only and like with any real estate there are substantial risks involved”.
An “accredited investor” is defined by the SEC as a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase; a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year.
For additional information on the news that is the subject of this release contact Zach Browne or visit www.1031junction.com.
About Fagan & Rawlings Capital Management:
The firm is located in Denton, TX and clears its securities through Pasadena, CA based Western International Securities which is a member of SIPC and FINRA.
Contact:
Zach Browne, media relations
Fagan & Rawlings Capital Management 977-808-2928
http://www.1031junction.com
###
Fagan & Rawlings Capital Management was founded in 2006 and provides tax advantaged fee based asset management to high net-worth individuals and corporations. The firm has recently become a major player in the 1031 TIC or tenant-in-common industry. “1031 exchanges offer tremendous tax deferral opportunities to our clients” says Josh Fagan, President of Fagan & Rawlings.
1031junction.com is a very advanced platform that connects real estate investors and their representatives’ with all the resources necessary to execute a 1031 exchange. The site has many useful tools that are available for anyone to utilize, including tax calculators, tax code resources, downloadable worksheets and forms, as well as a “chat now” function that allows people to interact directly from their computer with licensed professionals.
“We set out to develop a world class technology that is very user friendly and informative” Fagan said. “The TIC market has seen phenomenal growth since 2002 and we expect it to continue”
The Company has partnered with and has built a national network of CPA’s, Real Estate attorneys and Qualified Intermediaries. “There are many people and steps involved in this process, so we wanted build a large network of qualified people. An investor can visit our site and search for a CPA, lawyer or a Q.I. that is in their area, which is a huge benefit,” said Fagan.
1031junction.com also has a downloadable toolbar on the website which allows their clients to stay in constant contact with the firm. The toolbar has a built in chat function, industry news feeds, tax calculators and links to important information on their site, as well as file sharing capabilities between their clients and partners.
Josh Fagan noted that these types of investments are available by prospectus only and that potential clients must be pre-qualified prior to dealing with the firm. “TIC’s are for accredited investors only and like with any real estate there are substantial risks involved”.
An “accredited investor” is defined by the SEC as a natural person who has individual net worth, or joint net worth with the person’s spouse, that exceeds $1 million at the time of the purchase; a natural person with income exceeding $200,000 in each of the two most recent years or joint income with a spouse exceeding $300,000 for those years and a reasonable expectation of the same income level in the current year.
For additional information on the news that is the subject of this release contact Zach Browne or visit www.1031junction.com.
About Fagan & Rawlings Capital Management:
The firm is located in Denton, TX and clears its securities through Pasadena, CA based Western International Securities which is a member of SIPC and FINRA.
Contact:
Zach Browne, media relations
Fagan & Rawlings Capital Management 977-808-2928
http://www.1031junction.com
###
Contact
1031 Junction
Zach Browne
877.808.2928
www.1031junction.com
Zach Browne
877.808.2928
www.1031junction.com
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