ES Group is a Qualified Intermediary pursuant to Internal Revenue Code §1031. ES Group corresponds with each client's attorney and/or tax advisor and forwards legal documentation, as requested, so that the Internal Revenue Code §1031 rules and regulations are thoroughly understood. ES Group prepares the necessary documentation- Exchange Agreements, Assignment Agreements, Notice of Assignments, and oversees each closing to assist in proper §1031 procedures. ES Group provides guidance, information and critical timelines throughout the entire exchange.
James' responsibilities include serving as the primary point of contact for affluent and institutional clients. James works closely with a team of experienced advisors to offer customized exchange solutions. Prior to founding ES Group, James served as the Mid-Atlantic Regional Manager for two of the leading National 1031 Exchange Qualified Intermediaries, where he was responsible for assisting real estate investors, accountants, attorneys, REITs, and private equity groups with executing like-kind exchange transactions.
James is a licensed attorney and possesses an undergraduate degree in finance from the University of Scranton and a law degree from the Wake Forest University School of Law. James additionally obtained his Masters of Law (LL.M.) Degree from Georgetown University Law Center focusing on matters of securities law and tax planning. James has executed hundreds of 1031 exchange transactions including dispositions approaching and exceeding one billion dollars. He has been featured in the Washington Business Journal, CNNMoney, the Commercial Property News, and Costar regarding complex exchange strategies. The regional periodical Bisnow on Business deemed James "Mr. 1031" for his stature in the industry. From 2005 to 2008, James served as an Adjunct Faculty member at George Washington University in their MBA Program teaching real estate development case studies. James resides in Alexandria, Virginia, with his wife Shelley and puppy Kona.
IRC Section 1031 is one of the single greatest wealth building tools available to the real estate investor. It's my job to help realtors grow their business by creating wealth for their clients.