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Medford: 1031 Exchanges
1 Reply
- 05/21/24 06:00PM - 08:30PM America/New_York
- Bertucci's Brick Oven Pizza & Pasta, 4054 Mystic Valley Parkway Medford, Massachusetts 02155
- $39
Disclaimer: BiggerPockets does not support or sponsor any meetups unless otherwise noted. Do your due diligence before attending any events. You may be agreeing to attend an event that includes promotion, pitching, or high-pressure sales tactics or techniques. Poster certifies that there will be no pitching of products or services at this event.
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A 1031 exchange is a tax-deferred exchange of real estate that will allow you to have more money to reinvest in rental real estate: you can sell your current building and buy a new one, deferring capital gains and depreciation recapture tax from the sale of the first property. We'll explain what this means. In a nutshell: Depending on the value of your property and whether or how long you have been depreciating it, you may be able to defer tens or hundreds of thousands of dollars in taxes.
We will explain:
- How the 1031 exchange came to be.
- Examples of things you can exchange.
- Whether second homes and owner-occupied properties can be exchanged.
- The detailed process including timelines.
- When you may still have to pay some tax.
- And much more.
A Section 1031 exchange must be initiated before you sell and then executed along demanding timelines. You should learn how before you start.
Attendees will leave knowing whether a 1031 exchange may be right for them and if so, how to go about it.
Part of this event will be presented by Albino Caporale, Esq, President and CEO of the Exchange Authority, LLC. He has led the Exchange Authority since 2022. Prior to this he was the Executive Director of CATIC Exchange in Hartford. During his 10 years in the industry, he has overseen thousands of 1031 exchange transactions. He received his Juris Doctorate from the Quinnipiac University School of Law in North Haven, CT with a concentration in tax law.
Our event host and emcee is Sage Jankowitz. Sage is the owner of Cambridge Sage Real Estate, a real estate agency providing leasing, multi-family sales, landlord consulting and development services in Cambridge, Somerville, Medford and Malden. Sage is an advertiser, service provider and MassLandlords volunteer with a deep passion for all things landlords and multi-family real estate. He has been a frequent attendee at events at our Cambridge office.
Purchase your ticket in just a few clicks!
"No Sales Pitch" Guarantee
MassLandlords offers attendees of directly managed events a "No Sales Pitch" guarantee. If a guest speaker offers services, their presentation will not discuss pricing, promotions, or reasons why you should hire them. We do not permit speakers to pay for or sponsor events. Guest speakers are chosen for their expertise and willingness to present helpful educational content. Your purchase of an event ticket sustains our nonprofit model.
Tuesday, May 21st
Dinner Meeting Agenda
- 6:00 pm Check-in and networking. Mix and mingle but don't be shy! Introduce yourself to someone and you might make a valuable local connection.
- Networking draws from Cambridge, Somerville, Medford and Malden.
- 6:10 pm Dinner
- 6:30 pm Introductions and Local Market Update (recent multifamily sales).
- 6:40 pm Statewide MassLandlords updates
- 6:50 pm Presentation
- 7:50 pm Presentation ends
- 8:30 pm Doors close
Location
Bertucci’s Brick Oven Pizza & Pasta
4054 Mystic Valley Parkway
Medford, MA 02155
Parking
Plenty of parking in the Bertucci's dedicated parking lot.
Food
![A pizza buffet and salad creates a welcome addition to real estate networking and training.](https://masslandlords.net/app/uploads/medford-bertuccis-no-permission-600x400-1.webp)
What could be better than Bertucci's, originally founded in Davis Square!
- Either brick oven pizzas or pasta classics.
- Caesar salad.
- Famous fresh-baked rolls with olive oil and red pepper.
- Chocolate chip cookies.
- Unlimited sofa drinks, coffee and tea.
*Dietary restrictions: Purchase a ticket and set your preferences at My Account one week prior to the event or earlier. Once set, preferences remain set for future events.
Masks welcome! Eating and drinking is not required. Please note: as we are unable to monitor the buffet, we are unable to offer a reduced ticket price for attendees who will not be eating.
Pricing
Open to the public. Membership is not required!
- Door:
- Public: $39
- Members: $34
- Card payments only. Events are cashless.
- Early-bird, reserve seven days prior by 12pm:
- Public:$37
- Members:$29
This event will not be recorded.
Slides and handouts if any will be uploaded to 1031 Exchanges.