Grow your Wealth through a 1031 exchange
Thursday December 3rd 2 - 4 PM EST. With Nico Nesenoff Esq.
Don’t Leave Your Real Estate Equity on the Table
Thursday December 3rd, 2-4pm EST
Whether you own a single rental property or an extensive real estate portfolio, understanding the tax deferral benefits of a 1031 exchange could make a significant difference in your investment strategy. Join Nico Nesenoff, Vice President with IPX1031, for an informative and practical discussion on how to defer capital gains taxes, preserve capital, reposition assets, and build the right team to guide you through the process.
What you will learn
- General Capital Gains Tax Refresher
- Understand how capital gains taxes can impact the profits from selling investment real estate (Capital Gains, 3.8% Net Investment Income Tax, Depreciation Recapture, State Tax)
- Like-Kind (Changing Asset Types)
- Learn how to exchange one type of investment property for an entirely different type of real estate (diversify, consolidate, reposition)
- Exchange Myths
- Separating fact from fiction as we debunk common misconceptions that rental property owners overlook when selling or upgrading their investment properties
- Full Tax Deferral
- Discover how a properly structured 1031 exchange can fully defer your capital gains taxes on real estate
- Partial Exchange
- Learn how to reserve amounts separate from the exchange (taxed normally as boot) and still utilize tax saving advantages
- Identification Rules
- Master the critical 45-day identification deadlines, deploy your brokerage team and close by the 180th day.
- Split Treatment
- Learn how properties with both investment and personal-use components may be treated in a 1031 exchange, opening the door to creative planning opportunities for owners of mixed-use real estate
- What is a Qualified Intermediary?
- Understand the essential role of Qualified Intermediary, the common pitfalls of not using one, and what to look out for when choosing the right professional
- Vacation Homes/Second Homes
- Discover when vacation homes and second homes may qualify for 1031 exchange treatment, how to make them into an investment property, and how long-term investment properties can convert into a primary residence.
- Reverse Exchange
- Discover how to secure your next investment property before selling your current one, even when timing creates a challenge.
- Build to Suit Exchange
- Explore how 1031 exchange proceeds can be used for construction or improvements on replacement property, subject to strict exchange deadlines and requirements.
Join to learn or Join for CE Credits
This is an informative zoom that you can join to learn but if you are interested you can sign up to earn 2hours of CE credits. Click the link below to register for the CE credits.
Nico Nesenoff Esq
Nico Nesenoff Esq., brings a unique blend of legal expertise, real estate transactional experience, and business development leadership to service his clients through a 1031 exchange. He served as Managing Director in the commercial real estate industry, advising clients and their practitioners through complex commercial and residential real estate transactions. Nico is a trusted resource for investors, attorneys, CPA, and real estate professionals structuring 1031 exchanges, Reverse exchanges and Build-to-Suit (Improvement) Exchanges. He has a J.D. from the University of Miami School of Law and holds two active state Bar Licenses.
Want to join the KW Rentals Commuity?
Learn more about all of our valuable features