Helping Investors Exchange Real Estate

Tom St. Jean has spent almost 18 years focusing on a single section of the tax code: Section 1031. The code allows taxpayers who sell investment and other types of property to defer capital gains by reinvesting in real estate – as long as they follow all the rules.

Harvard Square Office Building Sold for $3.25M

Chatham Light Realty Corp. has sold 15 Story St., a 4,618-square-foot office building near Harvard Square in Cambridge, for $3.25 million and used the proceeds to acquire the Lynn Hospital Medical Building Trust at 225 Boston St. in Lynn as part of a 1031 Exchange.