1031 Exchange in Rhode Island
Proven Experts
As Rhode Island’s leading 1031 exchange experts, API has successfully managed over 200,000 exchanges across several property types.
Trust Our Experience
Leave the details of a 1031 exchange in Rhode Island to our API professionals. Our experts will help you maximize your capital gains tax deferral.
Unmatched Security
Your transactions are protected by unmatched security measures, and a solid “Letter of Assurance” is available upon request. Everything is backed by our parent company, Stewart Information Services Corporation, a NYSE publicly traded company (NYSE: STC).
Maximize Your Real Estate Investments with a 1031 Exchange in Rhode Island
Looking to grow your portfolio while deferring capital gains taxes? A 1031 exchange in Rhode Island with Asset Preservation, Inc. (API) lets you sell an investment property and reinvest into another like-kind asset without an immediate tax bill. Established in 1990, API is a recognized national leader with 200,000+ successful exchanges completed. Our 1031 experts in Rhode Island handle timelines, documentation, and IRS compliance so you can stay focused on strategy, cash flow, and long-term appreciation.
1031 Exchange Client Testimonials
1031 Exchange in Rhode Island
From Providence’s revitalized mixed-use corridors and Pawtucket’s mill conversions to coastal vacation rentals in Newport, Narragansett, and South County, Rhode Island offers outsized opportunity in a compact market. Whether you’re trading a triple-decker for a larger multifamily, shifting from retail to industrial near the I-95 logistics hubs, or consolidating short-term rentals on Aquidneck Island, a 1031 exchange in Rhode Island helps you reposition capital for stronger income and appreciation.
At Asset Preservation, we deliver the highest levels of experience, expertise, and security of funds in the qualified intermediary industry — The API Advantage™. Our exchange counselors, attorneys, and accountants provide personal attention to each exchange, with free consultations, 24/7 online initiation, and the ability to set up last-minute exchanges. Work with the 1031 experts in Rhode Island who safeguard your funds and keep your exchange on schedule.
The 1031 Exchange in Rhode Island — Why Investors Use It
Rhode Island blends tight housing supply, strong tourism cash flows, and growing industrial hubs into conditions that make a 1031 exchange in Rhode Island an efficient way to defer gains and reposition capital. Here’s what’s driving demand and how the 1031 experts in Rhode Island at Asset Preservation help you capture it.
Prices Are Elevated While Supply Stays Tight
Median single-family prices in Rhode Island climbed to about $520,000 by mid-2024, with the state still grappling with low inventory. That price level, combined with lean for-sale supply, is pushing investors to recycle equity rather than cash out and pay taxes. This is precisely where a 1031 can help.
Tourism Supercharges Short-Term & Seasonal Demand
Rhode Island welcomed 28.4 million visitors in 2023 who spent $5.6 billion, supporting 50,000+ jobs — a powerful tailwind for vacation rentals, boutique lodging, and mixed-use coastal assets from Newport to South County. Reallocating proceeds via a 1031 exchange in Rhode Island into professionally managed short-term or seasonal inventory can tap this durable revenue engine.
Logistics & Industrial Growth at Quonset
The Quonset Business Park — Rhode Island’s prime logistics hub — now supports over 14,000 jobs across 230+ companies, with millions of square feet of modern industrial space. Swapping into last-mile warehouses, flex, or build-to-suit industrial via a 1031 can align portfolios with this long-term employment base and port-adjacent demand.
Durable Rental Base in a Majority-Owner State
With roughly 62% homeownership, a significant renter cohort remains, especially in urban submarkets, supporting steady occupancy for renovated small-multifamily and mixed-use assets. A like-kind exchange allows investors to trade into stabilized rentals while keeping capital compounding.
Ports & Offshore Wind Keep Freight Moving
The Port of Davisville is one of North America’s busiest auto ports, and ProvPort in Providence continues to expand as an offshore-wind staging and heavy-lift terminal, bolstering demand for industrial outdoor storage (IOS), cold chain, and specialized logistics sites. These secular trends create compelling replacement-property options for a 1031 exchange in Rhode Island.
Whether you’re trading out of a legacy coastal asset, consolidating into multifamily in Providence, or stepping into port-proximate industrial, API’s 1031 experts in Rhode Island bring escrow security, documentation rigor, and timeline control so your exchange stays compliant and on schedule, while more of your capital keeps working.
About Derek Mazza – 1031 Exchange Expert
Derek Mazza is the New England Division Manager with Asset Preservation, Inc. Derek brings over 20 years of experience in sales, business development, and investment strategy, with a strong focus on serving financial professionals and high-net-worth investors. He’s worked with a wide range of offerings, including REITs, private credit, mutual funds, and ETFs, and has built strong relationships across the financial industry. Derek has a deep understanding of both traditional and alternative investments and is known for making complex strategies easier to understand. He’s committed to providing excellent support and building long-term partnerships.
Derek has an extensive background in investment real estate and strong knowledge of IRC §1031 tax-deferred exchanges as well as every aspect of real estate transactions. Derek focuses on educating and servicing investors, attorneys, real estate brokers, agents, accountants, and financial advisors. His exchange presentations are practical, thorough, and feature many real-life exchange scenarios to illustrate a wide range of investment and tax strategies. Derek thrives most when working closely with clients. He provides exceptional quality service, and his business and personal relationships cast a wide net across New England and beyond.
Asset Preservation, a subsidiary of Stewart Title Company, is a leader in 1031 exchange companies and is efficiently handling exchanges in every state. Combining a national title company as a partner has proven to be the approach of choice by astute investors. Asset Preservation is one of the most respected national 1031 exchange qualified intermediary companies in the United States and has successfully completed over 200,000 §1031 exchanges in Massachusetts and throughout the nation.
Derek Mazza
1031 Exchange Expert
1031 Exchange New England Qualified Intermediary
One Washington Mall, Suite 1400
Boston, Massachusetts 02108
800-883-1031 | 978-808-1676