Johnny Borrelli

Investment Adviser Representative

Johnny Borrelli works with two kinds of people: landlords figuring out how to exit rental property without the tax bill eating the gain, and retirees trying to keep more of what they’ve spent a career building.

The approach is deliberately unglamorous. Every plan starts with the after-tax number — federal capital gains, state tax where it applies, depreciation recapture, IRMAA surcharges, the real figures — because a lot of financial plans fall apart at the tax bill, not the investment return.

Delaware Statutory Trusts come up in his work as one possible tool among several for 1031 exchanges, presented alongside installment sales, charitable structures, and the honest case for simply holding. For older landlords, he lays out both sides — including the step-up in basis heirs can receive if property is held until death — so the exchange-or-hold decision gets made on numbers, not on default. His cornerstone guides: the Delaware Statutory Trust guide and going passive after selling rentals, all collected in the real estate insights hub. For California exits: the California-to-Texas exchange guide, California Form 3840, and Prop 13 and depreciation recapture. When a securities product is purchased through Crescent Securities Group, he may receive compensation; Form CRS explains how.

Call (214) 203-9192. There’s no charge for a first conversation.