Overview
As a partner and co-leader of Aprio’s Northeast Real Estate division, Jim provides a wide range of consulting and tax planning services, helping real estate clients solve complex real estate-related issues such as taxation, formation, restructuring, acquisitions, 1031 like kind exchanges, and Delaware Statutory Trusts (DST). His clients include real estate developers, investors, owners, and managers.
Experience
With more than 36 years of experience working at Big Four, medium, and small CPA firms, Jim’s technical proficiency and research-based approach helps him devise innovative solutions to complicated situations and give comprehensive tax and business advice to business owners.
Among his career highlights, Jim has structured and deferred significant dollars of capital gains into Qualified Opportunity Zone (QOZ) funds, settled a family dispute with the creative utilization of DST interests while avoiding double taxation inside a C corporation, and utilized investments into DSTs to mitigate boot on 1031 exchanges. He has also developed and structured various exit strategies, recapitalizations, and formations relative to partnership transactions.
Education & Affiliations
Jim earned his Master of Science in Taxation at Seton Hall University in New Jersey and his Bachelor’s in Accounting at Pace University in New York. He is a Certified Public Accountant (CPA) and a member of the American Institute of Certified Public Accountants (AICPA), the New Jersey Society of Certified Public Accountants (NJSCPA), and the New York State Society of Certified Public Accountants (NYSSCPA).
Jim currently serves as Treasurer/BOD of the Mental Health Association in Passaic County and Treasurer/BOD of Letip International of Paramus.
Insights
