About Us
The Fox Real Estate Report serves real estate investors and professionals by providing real estate news and analysis, focusing on commercial and residential property, 1031 exchanges, the credit market, the distressed property and foreclosure market, and real estate law and policy.
About Michael D. Fox
Michael D. Fox, J.D., Ph.D. is a real estate and business attorney, consultant, and author.
Michael Fox graduated from the University of Wisconsin Law School, where he was an editor of the Wisconsin Law Review. Following law school, he served as law clerk to the Chief Judge of the United States Court of Appeals for the Sixth Circuit. As an appellate attorney, he has presented numerous cases before the state and federal appellate courts, including the Supreme Court of the United States.
In addition to his law degree, Dr. Fox received his bachelor’s degree, magna cum laude, from Queens College of the City University of New York, and both a master’s degree and a doctorate from the University of California, Irvine.
He is the author of 1031 Exchanges Made Simple, a complete and practical guide to using 1031 exchanges to build wealth while legally avoiding capital gains taxes and the recapture of depreciation.
About Melissa J. Fox
Melissa J. Fox, J.D., is a licensed real estate broker, the owner of Strategic Alliance Real Estate, and an attorney who has won multi-million dollar lawsuits in complex business and real estate litigation.
She is a graduate of Brandeis University and the Tulane University School of Law. Her areas of expertise include real estate, corporate law, construction defect litigation, technology, venture capital, and homeland security.
For legal or real estate inquiries, Melissa can be reached at strategicfox@gmail.com.
About 1031NetEx.com
1031NetEx.com is the most complete and objective source of 1031 exchange information on the Web. For the first time, real estate investors and professionals have all the 1031 exchange tools and resources they need in a single dynamic site.
1031NetEx.com will showcase your properties and professional services to a nationwide audience of active real estate investors. With our basic (free) membership, there’s no limit to the properties you can post.
Visit us at 1031NetEx.com to find out more — including how to succeed in the multi-billion dollar 1031 exchange market by starting your free membership today.
About 1031 Exchanges Made Simple
1031 Exchanges Made Simple by Michael P. Owens and Michael D. Fox, J.D., Ph.D., is an illustrated, complete and practical guide to using 1031 exchanges to invest in real estate, build wealth, and move up to more productive property, while legally avoiding capital gains taxes and the recapture of depreciation.
With 1031 Exchanges Made Simple you’ll carefully and intelligently plan ahead. You’ll know the potential pitfalls of a 1031 exchange and how to avoid or solve them. You will know how to put your team of 1031 exchange professionals and experts together as strategic partners in your exchange. You will not fear the ticking IRS clock or allow it to cause you to lose sight of your objectives. Your plan will be securely in place before the clock even begins to tick, and you’ll proceed with calm and steady progress directly to your goal.
Chapters include:
Why Exchange?
A Quick History of Real Property Exchanges
The Elements of a Section 1031 Deferred Exchange
Putting Your Team Together
Selecting the Best Replacement Property (with a section on Tenancies-in-Common)
The Do’s and Don’ts of Section 1031 Exchanges.
Also included are real life examples with clearly written discussions of 1031 exchanges, as well as forms and statutes.
1031 Exchanges Made Simple is the #1 best selling book on 1031 exchanges on Amazon.com.
You can find 1031 Exchanges Made Simple at Amazon.com or by calling 1-877-999-1031.
Fox
March 21, 2008 at 9:26 am
Dear Mr and Mrs Fox,
In your 1031 Exchange business do you provide a two signature policy where no investor monies may be moved from any account without both the QI’s signature and the signature of their customer the investor?
You both have wonderful substance factors but it seems a bit risky as well as unsubstantiated that you bill your site as the “most complete and objective source of 1031 exchange information on the web” in light of the fact that you are in the 1031 exchange business.
Can you see why that statement might be difficult for investors to believe?
Considering that Ed Okun and Donald McGhan of Southwest have brought incredible pressure on the govt to regulate QI and exchangers going forward into the future, how do you as a 1031exchange company propose to convince people your business is honest, ethical, and worthy of their trust?
March 21, 2008 at 12:38 pm
Hi Dean
Thanks for the positive feedback on our content.
We say that we provide objective information precisely because we are not directly in the 1031 exchange business.
1031NetEx.com does not provide qualified intermediary (QI) services, realtor or real estate brokerage services, accounting, tax, or legal advice.
1031NetEx.com is an online network that connects professionals and investors in the 1031 exchange industry.
We provide these professionals and investors with tools and resources, such as objective information, networking, property and professional services listings, and individualized 1031 exchange time-lines and email alerts that are helpful to anyone engaged in a 1031 exchange.
We think that the resources that 1031NetEx.com can provide to investors will help them to be better prepared and smarter investors, and therefore far less likely to be taken advantage of by unscrupulous individuals or fraudulent schemes.
Also, we completely agree with you that a two-signature policy is the best practice for qualified intermediaries.
Michael and Melissa Fox