Legal 1031 Welcomes Tarra Chen as New Exchange Director
Introduction of Tarra Chen as Exchange Director
Legal 1031 Exchange Services, LLC, known for its outstanding work in qualified intermediary services, has recently made a significant addition to its team. Tarra Chen, Esq., has stepped into the pivotal role of Exchange Director, focusing on serving clients in the Mid-Atlantic region. In her new position, she will guide clients on the complexities of IRC §1031 tax-deferred exchanges, bringing valuable legal expertise to the forefront of this specialized service.
Experience and Background
Tarra Chen comes with a wealth of experience from her previous work with esteemed law firms, where she managed intricate real estate transactions, including portfolio financing and compliance matters. Her education includes a B.A. from New York University, graduating cum laude, followed by a J.D. from Brooklyn Law School. Chen is also an active member of both the New York and Virginia Bars, positioning her perfectly to cater to clients' needs in the area.
Executive Insights on Her Appointment
Todd R. Pajonas, Esq., President of Legal 1031, emphasized the importance of Chen's skills, saying, "Tarra's legal background and transactional experience make her an excellent addition to our team. Her knowledge of complex real estate portfolios uniquely positions her to provide insightful support to our clients."
Client-Centric Approach
Matthew K. Scheriff, CPA, the Executive Vice President of Legal 1031, also shared his enthusiasm, stating, "Tarra's professionalism and understanding of real estate law are precisely what our clients require to navigate the intricacies of 1031 exchanges. Her presence will significantly enhance the support available to investors in this vital market." Chen herself expressed her excitement about her new role, stating, "My goal is to provide clear information and personalized support for our clients and their advisors." This client-focused mentality underscores Legal 1031's dedication to superior service in the exchange services sector.
Overview of Kensington Vanguard National Land Services
Legal 1031 Exchange Services operates as a subsidiary of Kensington Vanguard National Land Services, a prominent national title insurance and settlement agency. Established in 2002 and headquartered in New York City, Kensington Vanguard serves a diverse clientele, including law firms, investors, and commercial lenders. Their three divisions—Commercial, Residential, and 1031 Exchange Services—work collaboratively to provide top-tier services across various real estate transactions. This operational structure enhances their ability to meet various client needs with precision.
Contact Information
For anyone interested in learning more about the services provided by Legal 1031 or to get in touch with Tarra Chen, contact can be made with Joseph Losos at jlosos@kvnational.com. Legal 1031 remains committed to guiding clients through their 1031 exchanges efficiently, ensuring they benefit from favorable tax provisions.
Frequently Asked Questions
What is the role of an Exchange Director at Legal 1031?
An Exchange Director, like Tarra Chen, is responsible for overseeing the guidance of clients regarding IRC §1031 tax-deferred exchanges, ensuring they navigate the process smoothly.
What experience does Tarra Chen bring to Legal 1031?
Tarra Chen has a significant background in real estate law, having worked with prestigious law firms on complex transactions, and she is licensed in both New York and Virginia.
What services does Legal 1031 provide?
Legal 1031 offers qualified intermediary services that allow clients to defer capital gains tax on investment property sales through 1031 exchanges.
How does Legal 1031 support its clients?
Legal 1031 provides personalized guidance and expertise in real estate transactions, helping clients confidently navigate the complexities of 1031 exchanges.
Who can benefit from Legal 1031's services?
Investors, real estate professionals, and advisors looking to manage capital gains taxes efficiently can greatly benefit from Legal 1031's exchange services.
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