Ron Ricard, Certified Exchange Specialist®
Silicon Valley, Monterey Bay, Fresno – Northern California
Ron Ricard, CES®
Vice President / Regional Account Manager
1735 Technology Drive Suite 830, San Jose CA 95110
Toll-Free: (877) 747-7875
Cell/Text: (408) 483-1031
Email: ron.ricard@ipx1031.com
IPX1031 Northern California Regional Office
1735 Technology Drive Suite 830, San Jose CA 95110
Phone: (415) 291-5181
Toll-Free: (866) 228-1031
Fax: (415) 896-9422
Ron Ricard, Vice President and Regional Account Manager for IPX1031 Northern California, is designated as a Certified Exchange Specialist®, one of fewer than 110 people nationwide who currently carry that certification as accredited by the Federation of Exchange Accommodators. Since 2002, Ron has taught 1031 Exchange accredited courses to over 30,000 investors, real estate agents and others. Ron is a professional when it comes to helping understand the nuances of 1031 Exchange rules and 1031 regulations. Ron is a frequent contributor on local radio and television real estate shows and is a guest lecturer at the College of San Mateo, Menlo College and San Francisco State University. He has served on the Board of the Santa Clara County Association of Realtors and the Commercial Broker Association, and is very involved with numerous real estate associations and industry groups throughout Northern California. Ron has a BS in Civil Engineering from UC Berkeley, a MBA in Marketing and is an active real estate investor.
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 Ron Ricard
What My 1031 Customers Are Saying
Jesshill E. Love, III Esq.
Attorney, RMKB, Chair of Real Estate Department
Mr. Ricard is the only recommendation that I provide for real estate contacts and clients engaged in 1031 exchanges. His knowledge is unparalleled and his customer service is exemplary. On multiple occasions, Ron has gone above and beyond on transactions; meeting for impromptu lunches, answering calls at night, reaching out to solve problems before they arise. Ron and his team make the 1031 process easy. They are top notch professionals.
David
NY & CA
We did a 1031 involving exchange of property on the East Coast for one on the West Coast, where several aspects of the exchange were complex and atypical. Ron’s depth of knowledge on how to properly navigate the 1031 waters was immediately evident to us. His ability to explain in simple terms and to instill confidence in the 1031 exchange process to the sellers of the west coast property was invaluable. He clearly went far above and beyond our expectations and we will forever be grateful to him.
Krysty Sikora
Mom of 6 and self employed entrepreneur
Well let me first start by saying he is the only professional out of all of the industries associated with this field that answered his phone 9 out of 10 times. I was a complete newbie to this kind of transaction and he answered every one of my Questions courteously and promptly. He exceeded my expectations in fact he helped answer questions that my realtor should have been responsible for. I will use him for every 1031 transaction going forward and would highly recommend Ron Ricard, IPX1031 services and his staff.
1031 Resources & Information
How do I know if a 1031 Exchange is right for me?
Speak to your tax advisor and find out how big the tax liability will be if you don’t do an exchange. Is that a check you are willing to write to the taxing authorities? If not, and you are looking to buy other investment or business real estate, then you should consider doing an exchange.
Are there any special 1031 Exchange rules or 1031 regulations for California?
California may require withholding on the sale of property. In addition, California has what is known as a claw back statute. For example, if you sell California property and exchange into property located outside California, there is a requirement to file annual informational tax returns with the state, confirming that you still own that property. When you sell that property, California will collect taxes on the gain that occurred from the California sale. If you stop filing that form, California will assume you sold the property and assess taxes. See California Claw back PDF
What if the sales price of my Replacement Property is less than my sales price of my Relinquished Property?
If you buy for less than you sell, the difference is referred to as “boot” and is considered as taxable gain.
What parties need to be involved in a 1031 Exchange?
In an exchange, you go through the regular sales process, including the title company or closing attorney. In addition, you need a Qualified Intermediary, such as IPX1031, to control the sales proceeds between the sale of the Relinquished Property and the purchase of the Replacement Property.
What property types can be exchanged into and out of? What is Like Kind Property?
The term like-kind is misleading. You can exchange any kind of business or investment real estate for any other kind of investment real estate. So rental houses for commercial property or land for apartments or farmland for rental condos are all OK.
Can I purchase equipment for a vineyard I am looking to purchase?
As of 2017, 1031 is ONLY for investment and business real estate. It can’t be used for equipment or any other kind of personal property.
What are the benefits of doing a Tax Deferred 1031 Exchange?
On the surface, a 1031 Exchange is done to defer taxes. As long as you keep reinvesting in other investment or business use property, you are permitted to defer taxes. 1031 exchanges though should be viewed as a way to buy a better property than what you own today. Section 1031 is an important part of the tax code that allows you to get out of property you don’t want reinvest into a better property for the future.
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Ron Ricard & IPX1031 are a winning combination.
See how we’re different and why.
With offices near San Jose, Silicon Valley and the Bay Area 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, Ron Ricard offers you customized solutions to defer capital gains tax and maximize equity in your 1031 like kind investment property.
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