This week Jay welcomes John Maggi, President of Congress Asset Exchange, an innovator for 1031 exchange transactions.Today, Congress Asset Exchange has expanded the breadth of its offerings to include a variety of Special Purpose Entity services providing clients with expanded strategies and purpose for both large and small companies and individuals. They have handled individual transactions over $200 Million as well as those for $100,000. John has been actively involved with the creation, ownership and management of Special Purpose Entities (SPEs) for a wide variety of clients and uses, including real estate and asset structuring/financing, risk management and 1031 Like-Kind Exchanges since 1989.With an extensive corporate and entrepreneurial background, he is formerly the Founder and CEO of Gotham Companies/Safe Technologies, LLC, a multi-million-dollar information systems and financial services company. He has held several senior level financial, strategic and business development positions with Unisys/Sperry Corporation, a major provider of commercial and government information systems which, at the time of his tenure there, was a Fortune 50 company. He also was Vice President of Mergers, Acquisitions and Real Estate for Decision One Corporation, the then world's largest third-party provider of maintenance and repair services for information systems. John started his professional career with Price Waterhouse in New York in the tax and auditing divisions - his primary clients were IBM and the New York Shipping Association.He is a Certified Public Accountant (CPA) in New York State and holds a BS in Accounting & Economics and an MBA in Finance from Long Island University - C.W. Post with post graduate studies at New York University.Visit www.congressassetexchange.com for more information.
