Turning Active Property Management
into Passive Income
What is The 721 Exchange?
Overview
The 721 Exchange, named after Section 721 of the U.S. Internal Revenue Code, allows real estate owners to contribute their property into a partnership or real estate investment trust (REIT) in exchange for ownership shares. This is structured as a tax-deferred exchange, meaning capital gains taxes are not immediately due upon contribution. This strategy has been widely used by institutional investors and high-net-worth individuals seeking long-term capital preservation. Now, through structured partnerships, the 721 Exchange is accessible to a broader range of real estate investors.
Key Benefits of the 721 Exchange
How it works for you
Capital Gain and Claimed Depreciation Tax Deferral
Taxes on appreciation and claimed depreciation can be deferred indefinitely, allowing investments to continue compounding.
Diversification
Instead of being tied to the performance of a single property, investors gain access to a professionally managed portfolio.
Liquidity Flexibility
Investors can gradually liquidate their shares over time, reducing the impact of taxable events.
Elimination of Active Management
No more dealing with tenants, maintenance, or lease negotiations. A professional team handles all operations. Just sit back and enjoy your returns.
The Provision Capital Fund
Executive Summary
Investor Experience
Made for transparency
Investor Portal
Easily track your investments anytime and anywhere. The investor portal puts everything at your fingertips, including performance updates, documents, and distributions. It’s designed to give you peace of mind and a sense of control without the hassle.
Fees
When you sell your home, a one-time, 6% fee is deducted from your account. There are no out-of-pocket costs. This fee covers all transaction, onboarding, and admin costs, ensuring a smooth, transparent transition with no hidden charges.
Accessing your Returns
The fund is built for both stability and flexibility. Your initial investment is held for one year, but you’ll still receive accessible quarterly distributions. After that, you can liquidate shares anytime per fund policies, offering liquidity without the hassle of selling property.
Mouyyad's Story
Client Testimonial
Mouyyad Abdulhadi
Real Estate Investor and Co-Founder of Pax & Beneficia

How to Get Started
Your journey begins here
Step 1: Discovery Call
Schedule a quick call to learn more about the process, ask questions, and see if your property is a fit for the fund.
Step 2: Evaluation & Offer
We’ll conduct due diligence and provide a formal offer based on your property’s value and alignment with fund criteria.
Step 3: Sign Agreements
Once you accept the offer, you’ll sign the necessary agreements to transfer your property into the fund in exchange for an ownership interest.
Step 4: Onboarding & Ownership
After the transaction, you’ll be onboarded and gain access to your investor portal to track performance and enjoy passive, tax-efficient ownership. Congratulations!
Leadership
Our Team
Abdullah Ahmad
Chief Executive Officer
Abdullah is the CEO of Provision Capital and RentReady Homes, LLC, the fund’s general partner. Since 2011, he has closed over $250 million in real estate across Texas, including 700+ homes. A former accountant with KPMG and PwC, he holds a B.B.A. in Accounting from Hofstra University and brings a strategic mix of financial and real estate expertise.
Mahmood Usmani
Chief Operating Officer
Mahmood is the COO of Provision Capital, overseeing operations and strategic growth. He joined in 2016 with a background in management and corporate strategy, previously working at Huron Consulting Group. He holds a B.S. in Economics and Corporate Strategy from Vanderbilt University and brings strong analytical and operational expertise to the team.
Alasha Reed
Senior Analyst & Underwriter
Alasha leads underwriting and investment analysis at Provision Capital, conducting detailed evaluations to support fund performance and investor confidence. She has helped manage over $10 million in investor contributions, ensuring accurate reporting and clear communication throughout the process. She holds a degree in Finance from the University of Alabama at Birmingham.

Haitham Aqel
Transaction Coordinator

Jordan Crowe-Ware
Property Manager
Danie Young
Property Manager

Nahid Arif
Onboarding & Client Experience
Questions & Answers
Learn more about what Provision has to offer or feel free to contact us at 721@provisioncapital.com
Contribute Your Property Today!
Schedule a quick call with our team to learn more about the process, ask questions, and see if your property is a fit for the fund.









