Brian McNulty 
Maryland, Delaware & D.C. – REIT Specialist

Brian McNulty


Vice President

Washington DC, Maryland & Delaware
REIT/Real Estate Exchange Specialist
9891 Broken Land Parkway Suite 300 Columbia, MD 21046
One South Street, Suite 1250, Baltimore, MD 21202
1620 L Street, NW 4th Floor, Washington DC 20036
1901 Pennsylvania Ave., NW Suite 201, Washington DC US 20006
600 N. King Street, Wilmington, DE 19801
16 S. Front Street, Georgetown, DE 19947​

IPX1031 Northeast Regional Office


84 Business Park Drive, Suite 109
Armonk, NY 10504

Brian McNulty is a Vice President with Investment Property Exchange Services, Inc. (IPX1031) and has almost 30 years of experience in the banking and financial services industry. Brian has been educating and helping clients nationwide for over 20 years with their 1031 Exchanges. He is a well-respected and nationally recognized 1031 expert in providing strategic tax-saving IRC Section 1031 Like-Kind Exchange and Qualified Intermediary solutions to clients across all major industries. Brian’s understanding of 1031 Exchange rules, 1031 regulations, and 1031 strategy has been a major asset to IPX1031 and his clients. Brian has significant experience working with REITs, Fortune 500 corporations, and high net worth individuals and helping them successfully structure Forward and Reverse 1031 Exchanges.

Please contact Brian (brian.mcnulty@ipx1031.com) for your complimentary consultation.

IPX1031 Exchange Seminars
IPX1031 provides seminars for continuing education credits as well as custom and personalized seminars on tax deferred exchange topics for attorneys, CPAs, advisors, brokers, REALTORs, agents, escrow, investors and taxpayers. To find out about a seminar nearest you, or to schedule a seminar for your office, please contact me.

Start an Exchange with Brian McNulty

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Frequently Asked Questions

Is a Qualified Intermediary (AKA accommodator or QI) needed?

Yes. To avoid a taxable sale of the Relinquished Property, the use of an intermediary in virtually every 1031 transaction should be utilized. In addition, the Exchanger must enter into written agreements with the QI before the Relinquished Property is sold.

What is Like Kind Property? Can I sell my rental house and buy a 4plex? Can I sell my vacant lot and buy an office building?

Yes, you can buy ANY kind of business or investment real estate, anywhere in the US. The “like-kind” requirement does not mean selling and buying the same exact type of property. In an IRC §1031 transaction, you can exchange real property for virtually any other real property in the United States, as long as the property is held for productive use in a trade or business or for investment purposes. You can sell a rental house and buy apartments, commercial, industrial, mini storage, vacant land, agricultural, etc.

Can I get an extension on the 45-day identification period for my 1031 Exchange?

No, unless you are eligible for an extension due to a federally declared disaster, the IRS doesn’t have any provisions for extensions or exceptions – not even to the next business day if the deadline falls on a weekend or holiday. The best way to get more time is to start looking for your Replacement Property well before the closing of your sale property or to extend the closing date on your sale property.

Do I have to buy from the properties I’ve identified in my 1031 Exchange?

Yes. During the 45 days you can change what you’ve identified, but once your identification period has expired, you must buy from only that list. No substitutions or changes after day 45. The rules under section 1031 are very strict.

Can I use money from my 1031 Exchange to improve the new Replacement Property after I buy it?

The day you take title to the property is the end of the exchange for that property. If you have cash left over, that is taxable boot. There is something called a Build-to-Suit or Improvement Exchange, where we, as the intermediary, take title to the property to make the improvements before you take ownership. This is also a more expensive and complicated transaction.

What My 1031 Customers Are Saying

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Brian McNulty & IPX1031 are a winning combination.

See how we’re different and why.

With an office near Plymouth, Massachusetts, IPX1031, the nation’s largest exchange facilitator and accommodator, provides industry leading exchange services including guidance, expertise, security and key information on 1031 Exchange rules, regulations and strategy. 1031 Exchange expert, Brian McNulty offers you customized solutions to defer capital gains tax and maximize equity in your 1031 like kind investment property.

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Full Service Qualified Intermediary

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Superior Customer Service

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Owned by Fidelity National Financial (NYSE: FNF)

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$100M Fidelity Bond & $30M E&O Insurance

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$50M Written Performance Guaranty

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Attorneys & Certified Exchange Specialists (CES®)

Let’s talk about your specific needs

Customized solutions for your investment and business goals.

Why a 1031 is right for me or for my client

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deferring taxes (up to 35 to 40% of the gain)

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greater purchasing power

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improved cash flow

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portfolio diversification

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portfolio consolidation

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greater appreciation potential

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freedom from joint ownership

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estate planning for heirs

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