Timur Yusufov Breaks Down His Diverse Career Path

Timur Yusufov is a distinguished entrepreneur and business visionary with notable achievements in diverse industries. Holding a bachelor’s degree in Economics and Finance from UMBC, he has excelled in commercial real estate development, demonstrating a hands-on approach and commitment to excellence. Beyond real estate, Timur has made significant strides in healthcare as the COO of Vital Care Pharmacy’s advanced medical adult day care division. His leadership style, which combines constructive guidance with positive reinforcement, fosters a thriving work environment. Timur’s talent for strategic planning and innovation has established him as an industry trailblazer, continually driving growth and setting new standards.

Q&A with Timur Yusufov

Timur, with your extensive background, what inspired you to pursue a career in commercial real estate development?

Timur Yusufov: My interest in commercial real estate development was sparked by a desire to create spaces that positively impact communities. With a foundation in Economics and Finance from UMBC, I was drawn to the challenge and potential of this field. It’s about transforming visions into tangible, beneficial assets.

How has your education at UMBC influenced your approach to business?

Timur Yusufov: My education at UMBC, particularly in Economics and Finance, has been instrumental in shaping my business acumen. It equipped me with critical analytical skills and a comprehensive understanding of market dynamics, essential in navigating the complexities of both real estate and healthcare sectors.

Can you describe your hands-on approach to property management?

Timur Yusufov: My approach to property management is rooted in a commitment to excellence. It involves being actively involved in every stage of a project, from conceptualization to execution, ensuring high standards are maintained throughout.

Transitioning into healthcare, what led you to take on the role of COO at Vital Care Pharmacy’s adult day care division?

Timur Yusufov: The transition into healthcare was driven by a desire to make a meaningful impact on a different scale. The opportunity at Vital Care Pharmacy allowed me to apply my leadership and management skills in a setting that directly affects the quality of life for individuals.

How do you balance innovation with strategic planning in your leadership roles?

Timur Yusufov: Balancing innovation with strategic planning involves staying ahead of industry trends while ensuring that every innovative idea aligns with the long-term strategic goals of the company. It’s about fostering a culture of creativity but grounding it in practical, strategic objectives.

In your experience, how important is employee management in achieving business success?

Timur Yusufov: Employee management is crucial for business success. It’s about creating a supportive environment where team members are encouraged to grow and contribute. By blending constructive guidance with positive reinforcement, we foster a workplace where both individuals and the business thrive. This approach has been key in driving our success in both real estate and healthcare.

As a visionary leader, how do you approach talent discovery and development within your organizations?

Timur Yusufov: Talent discovery and development are central to our strategy. My approach involves identifying individuals with potential and providing them with opportunities to learn and innovate. This not only aids in their personal growth but also brings fresh perspectives and ideas to the table, essential for driving innovation and staying ahead in competitive industries.

Finally, what are your future goals for your company?

Timur Yusufov: Looking forward, my goal is to continue raising industry standards, driving growth, and fostering innovation. I aim to lead my team towards a prosperous future by maintaining our commitment to excellence and adapting to the ever-evolving business landscape.

Key Takeaways

  • Importance of Educational Foundation: Timur Yusufov emphasizes the impact of his Economics and Finance degree from UMBC in shaping his business approach. This education provided him with essential skills for understanding and managing the complexities of both the real estate and healthcare industries.
  • Leadership and Employee Management: Yusufov highlights his unique leadership style, which combines constructive guidance with positive reinforcement. This approach is pivotal in creating a positive work environment and is central to his success in managing teams effectively, both in real estate and healthcare.
  • Strategic Vision and Innovation: Yusufov’s focus on balancing innovation with strategic planning is a key factor in his success. He stresses the importance of aligning innovative ideas with long-term strategic goals, fostering a culture of creativity grounded in practical objectives. This approach has been instrumental in driving growth and maintaining high industry standards.

April Roberts: Empowering Gen X Female Entrepreneurs on Her Journey from Litigator to Life Coach

April Roberts, a true inspiration and a guiding light in the world of entrepreneurship, has a story that encapsulates resilience, transformation, and the pursuit of purpose. Her journey from a successful career as a litigator to becoming a life coach and mentor for Gen X female entrepreneurs is a remarkable tale of personal and professional growth.

A Journey of Transformation

April’s transition from a litigator to a life coach is nothing short of extraordinary. Her career path has been a winding road, encompassing diverse roles, from practicing law to embracing the role of an Italian housewife. It was during her career in financial advising and retirement planning that she discovered her true calling in mentoring and guiding Gen X female entrepreneurs.

Championing a New Approach

One of the most notable aspects of April’s coaching philosophy is her commitment to empowering women while challenging the conventional hustle culture. She firmly believes that women have been shaped by masculine ideals in their careers, often at the expense of their own well-being. Her mission is to help these women embrace their feminine and masculine energies, fostering abundance in their lives without the burden of burnout.

Scaling Success

April’s achievements in the financial industry are a testament to her expertise and dedication. She successfully scaled her financial practice in the competitive Houston, Texas area to multiple seven figures, a testament to her ability to help clients retire successfully and stay retired. Her appearances on major networks like ABC, CBS, and Fox with her show “Retirement Now with April Roberts” are a testament to her status as a financial expert.

Awards, Publications, and Keynotes

April’s career has been punctuated by notable achievements, including being recognized as a top financial advisor. Her legal background in insurance law led to her writing legal articles that offered invaluable guidance to individuals navigating complex legal issues. She played a pivotal role in creating David Bach’s “Smart Women Retire Rich” national seminar, celebrating the 20th anniversary and reissue of his best-selling book. April has also delivered captivating keynote speeches at various events, establishing herself as a thought leader in both the financial and coaching industries.

Overcoming Challenges

April’s personal journey, marked by a challenging divorce and the integration of her parents into her business, showcases her resilience and unwavering commitment to personal and professional growth. Her experiences have molded her into the inspirational figure she is today, motivating others to overcome their fears, take action, and develop the courage, confidence, and competence they need to succeed.

Sharing Wisdom

April’s wisdom is a beacon for those seeking personal and professional transformation. She emphasizes that fear is often an illusion, and action is the key to conquering it. Her journey underscores the importance of tapping into intuition, recognizing the power of women as creators, and the value of receiving, resting, and thriving. Effective communication and nurturing relationships are also essential components of her success.

Future Aspirations

April envisions a bright future for both herself and her brand, Vixen Gathering. Their Big, Hairy, Audacious Goal (BHAG) is to host a Vixen lovefest at Madison Square Garden in 2030, and to grow to an impressive $100 million in revenue while staying true to their God-centered and purpose-driven ethos. In 2023, the goal is to generate $5 million in revenue, expand the Vixen Mastermind, and reach more women through their podcast, “The Vixen Voice.” April also aspires to work with a select group of 1:1 clients, guiding them personally, professionally, and spiritually.

In Conclusion

April Roberts’ journey is an inspiring testament to the power of personal transformation, resilience, and the pursuit of a life aligned with one’s purpose. Her commitment to empowering Gen X female entrepreneurs and her dedication to dismantling the hustle culture are making a significant impact in the business world. As she continues to inspire and guide women toward success and fulfillment, the future looks bright for both April and Vixen Gathering.


The Journey of a DST Syndication: “Going Full Cycle”

Investing in real estate has long been regarded as a lucrative avenue for accumulating wealth and securing financial stability. Specifically for those seeking to defer capital gains taxes through the 1031 exchange, Delaware Statutory Trusts (DSTs) have emerged as a compelling option. Trawnegan Gall, a licensed General Securities Representative with extensive experience in Delaware Statutory Trust investments, provides insights into what happens when a DST syndication goes full cycle.

The Life-Cycle of a DST Syndication

Before we embark on the journey of a DST syndication going full cycle, it’s essential to understand the fundamental concept of DSTs. DSTs are a structure of real estate ownership allowing investors to acquire fractional ownership in institutional quality, income-producing properties. The primary allure of DSTs lies in their being considered “like kind” property for the purpose of 1031 exchange. The large majority of DST investors come in via 1031 exchange and will likewise conduct a follow-on exchange when the program goes full cycle. 

The stages of a DST syndication start with the initial setting up of the DST by the sponsor. Each DST is unique and registered in the state of Delaware according to Delaware statutory law, and  each DST has both a signatory and Delaware trustee. It is the signatory trustee, an affiliate of the sponsor, who will make the key decisions regarding the property over the hold period. The DST then acquires the property(ies) which is the economic engine of that DST investment. Then the sponsor seeks to raise the capital component of the offering, mostly from 1031 exchangers who invest their relinquished property sale proceeds into the DST. Once the capital raise is complete the DST closes to new investments and enters the hold period, the period when the property is managed for the purpose of providing income and appreciation to investors. While most DST properties project income and appreciation, performance varies significantly depending upon market conditions and myriad other factors, and DSTs have a variety of different emphases; cash flow, appreciation, high LTV “zero coupon” DSTs, etc. 

“Going Full Cycle”

When a DST syndication approaches completion, which is when the property(ies) are sold and which is called going “full cycle”, the first step is the sponsor’s notification to the DST interest holders. This notification communicates the projected close date and key details of the impending sale of the property held within the DST. Better sponsors will also provide a detailed disposition analysis at this time, informing the investors what their projected equity proceeds from the sale will be as well as their pro-rata debt and projected total return and IRR from the investment. At this point the interest holders are presented with an important decision: they must choose between completing a follow-on 1031 exchange or receiving the sale proceeds directly, which would incur capital gains tax liability. Most of those who exchanged into the DST originally as well as a good number of the cash investors will choose to do a follow-on 1031 exchange. 

Completing a “Roll-Over” 1031 Exchange

For those who opt to do a “roll-over” 1031 exchange, they will provide the contact information of a qualified intermediary (QI) to the closing agent of the seller of the DST property to handle this upcoming exchange. Importantly this “roll-over” exchange will be the same in every respect as a normal exchange. The sale proceeds are sent to the qualified intermediary, the 45 Day and 180 Day deadlines are in full effect as are the identification rules, and when the replacement property(ies) has been selected, it will be purchased by the qualified intermediary as in any exchange. DST investors can exchange into another DST or into any other qualifying “like kind” property. 

Disposition Analysis and Sale Loan to Value

While the total return and IRR of a DST investment are critical in terms of the success of the investment, from a 1031 exchange perspective the most important piece of information in the disposition analysis and closing statement is the loan to value of the roll-over exchange. Keep in mind that the exit LTV of a DST will not be the same as that when it was entered. Appreciation or depreciation, amortization of loan principal and closing costs will all affect exit LTV. Appreciation and loan amortization will decrease LTV from the initial level, while underperformance (depreciation in the value of the property) will result in a higher LTV than what it was initially. Knowing the LTV of the roll-over exchange is critical to properly plan and choose a suitable replacement property(ies). Because sponsors will not provide tax advice and because closing statements can be complex, professional tax advice is recommended to calculate the exact exchange LTV. But the two key components are net equity proceeds and the exchangers pro-rata share of the mortgage, if any, paid off at the time of close, with most closing costs being deductible expenses. 

When an exchanger is considering a DST replacement property, it must consider what the exit might look like. If they have a high LTV exchange, they must invest in a high LTV DST or add cash to the exchange. But if an investor does not need a high LTV replacement property, they should be wary of investing in one with high debt or without amortization of loan principal. Barring significant appreciation, choosing a high LTV DST up front will usually result in a high LTV roll-over exchange upon the conclusion, and in a worst-case scenario, the investor may need to handle an even higher LTV exchange because of the underperformance of the initial DST. While taking on some debt to increase the basis and obtain additional tax shelter is ordinary and reasonable, exchangers should take on only a little obligation that is not required for their exchange. Experience exchangers realize that a series of 1031 exchanges should not be viewed as a sequence of isolated unrelated events but rather as a progression of related events over time. Specifically, the debt of the first exchange will affect the obligation of the following exchange and so on. 

The Closing and Distribution of Proceeds

Upon the close of the DST sale, the proceeds are distributed to the interest holders either through their QI or directly to the account of their choosing. To facilitate transparency and accountability, the sponsor provides a sale closing statement to each interest holder. This statement is a transaction record, ensuring all parties know the financial details.

At this juncture, the investment in the DST is effectively concluded. The interest holder must now act upon their earlier election. They can either proceed with their follow-on exchange, receive the sale proceeds, and pay capital gains tax liability.

Post-Close Distributions

It’s worth noting that many DST sales include post-close distributions. These distributions typically represent the return on reserves held during the investment period. While these funds may take several months to materialize, they are generally of a small magnitude. Importantly, these post-close distributions are usually directed to the regular account where previous distributions have been sent rather than to the QI.

The journey of a DST syndication going through a complete cycle is a multifaceted process that requires careful planning and informed decision-making. The guidance of experts like Trawnegan Gall can prove invaluable in navigating the complexities of DST investments. DSTs offer investors a unique opportunity to defer capital gains taxes, and understanding the intricacies of an entire cycle is pivotal to maximizing the benefits of this investment vehicle.

If you are interested in learning more about DSTs, 1031 exchange, and the services provided by Cornerstone, Mr. Gall can be reached via email at trawnegan@cornerstoneexchange.com or by phone at (714) 939-1039. He eagerly anticipates your inquiries and is prepared to provide you with the answers you seek.

Connecting with Trawnegan Gall: 

To check on my licensing and regulatory history, please click the following link: https://brokercheck.finra.org/individual/summary/6266415

The Power in Your Palm: Exploring the CCell Palm Battery

In the vaping world, finding the perfect battery that combines convenience, power, and style can be daunting. Enter the CCell Palm Battery – a compact yet mighty device that has taken the vaping community by storm. If you’re a vape user on the hunt for an exceptional palm battery, look no further. In this comprehensive guide, we will delve into the features, benefits, and overall performance of the CCell Palm Battery to help you make an informed decision.

The Sleek Design of the CCell Palm Battery

The first thing that catches your eye when you hold a CCell Palm Battery is its sleek and ergonomic design. Crafted to fit comfortably in your hand, this palm battery boasts a discreet and compact form factor that easily slips into your pocket or bag without any hassle. The smooth edges and rounded corners add to its aesthetic appeal and ensure a comfortable grip during extended vaping sessions.

A Perfect Companion On-the-Go

Thanks to its portable design, the CCell Palm Battery is ideal for those constantly on the go. Whether traveling or simply out and about with friends, this palm battery effortlessly blends into your lifestyle. Its small size doesn’t compromise on power either – it packs a punch with impressive battery life to keep you vaping throughout the day without interruption.

Superior Performance at Your Fingertips

While aesthetics are important, performance is paramount when choosing a palm battery. The CCell Palm Battery excels with its cutting-edge technology and innovative features.

Unleash the Power Within

The CCell Palm Battery delivers consistent power output for an unparalleled vaping experience and is equipped with advanced circuitry and smart power management systems. This means no more worrying about inconsistent hits or sudden drops in performance – each puff will be as satisfying as the last.

Universal Compatibility

One of the standout features of the CCell Palm Battery is its universal compatibility. Designed to work seamlessly with 510-thread cartridges, this palm battery opens up a world of possibilities. Whether you prefer oils, distillates, or other vape concentrates, the CCell Palm Battery can accommodate your vaping preferences without hassle.

Ease and Convenience Redefined

Vaping should be a hassle-free experience, and the CCell Palm Battery understands that. It boasts several features that make it incredibly user-friendly and convenient.

Magnetic Connection System

Gone are the days of struggling to screw in cartridges or dealing with loose connections. The CCell Palm Battery utilizes a magnetic connection system that effortlessly snaps cartridges into place. This not only makes swapping cartridges a breeze but also ensures a secure fit for worry-free vaping sessions.

Inhale-Activated Firing Mechanism

Say goodbye to buttons and switches – the CCell Palm Battery features an inhale-activated firing mechanism. Simply take a draw from your mouthpiece, and the palm battery will automatically activate, delivering instant vapor at your command. This intuitive design eliminates any unnecessary steps and allows for seamless vaping enjoyment.

Safety Comes First

Regarding vaping devices, safety should always be a top priority. The CCell Palm Battery takes this aspect seriously and incorporates multiple safety measures to give users peace of mind.

Overcharge Protection

The built-in overcharge protection feature ensures your battery remains safe even if you accidentally leave it connected to a charger for an extended period. This intelligent safeguard prevents overcharging and helps extend the lifespan of your battery.

Short Circuit Protection

Short circuits can be dangerous, but you can vape without worry with the CCell Palm Battery. The device has short circuit protection that detects potential issues and automatically shuts off power delivery to prevent damage or accidents.

Embrace Power in Your Palm with the CCell Palm Battery

The CCell Palm Battery is a game-changer for vape users seeking a reliable and compact palm battery. With its sleek design, superior performance, ease of use, and commitment to safety, this device ticks all the boxes. Say goodbye to inconveniences and hello to effortless vaping pleasure – experience the power in your palm with the CCell Palm Battery.