Advice/Keys to Success: Challenging yourself will build confidence. As a woman in this industry, being confident is just as important as being competent. Push yourself towards challenging projects and use what you’ve learned from each project to make decisions confidently.
Name: Marybeth Park
Postion: Manager of Procurement & Subcontracts
Company: DPS Group
Years in the AEC Industry: 30 years
Wh...
Advice/Keys to Success: It’s all about your team! Work can be challenging but it doesn’t have to be unpleasant. Assemble a team with whom you enjoy working and who will support each other. It’s also important to remember that you cannot be an expert in everything, so find trusted advisors who will help you. Stay humble and self-aware.
Why the A/E/C Industry? I had always favored the math and science growing up. In high school I took an introduction to architecture and engineering class that I really enjoyed. From there I decided to major in civil engineering at Northeastern University. I did a co-op at an electrical contracting company and have been interested in construction and development ever since.
Advice/Keys to Success: The keys to success begin with setting clear goals backed by a solid plan for how to achieve them. Developing a support network and recognizing where you need assistance are critical to achieving those goals.
Name: Lizett Frias
Title: Executive Director of Marketing and Business Development
Company Name: S&F Concrete Contractors, Inc.
...
In my 25 years as a financial advisor I have been asked by many clients how to sell investment real estate without paying a high tax bill. Today’s top tax capital gains bracket is 23.8%, including the 3.8% tax from the Affordable Healthcare, which may be repealed this year.
Do you have a second home or vacation home that you are thinking of selling? Did you know that you may be able to defer 100% of your capital gains tax from the sale of the property?
Use your tools! The message that this article hopes to convey to active real estate investors is that reflexively relying on deferred 1031 exchanges to accomplish important objectives may not be the best use of well-understood tools that are available and dependable.
When an investor sells real estate, that is held for business or investment purpose and has appreciated in value, they will most likely incur a capital gain. The profit on the sale of this property is usually taxed at both the federal and state levels.
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