All Forum Posts by: Jerene Cruse

Important Update: New Date for Scaling Your Real Estate Portfolio with 1031 Exchange

To better accommodate our members, we’ve moved the session to Wednesday, October 9, from 7-9:30 p.m. This new evening slot will allow more flexibility for those with daytime commitments. We hope to see you there!

Join us, either in-person or via Zoom, for an insightful session on how to scale your real estate portfolio using the powerful 1031 Exchange strategy. Instructors Rick Baggenstoss and Sheree Hsu will walk you through the ins and outs of this tax-deferral method, which allows real estate investors to defer capital gains taxes when selling one investment property and purchasing another of equal or greater value.

Don't miss out on this valuable opportunity to learn how to expand your real estate portfolio! 

Scaling Your Real Estate Portfolio with 1031 Exchange

Learn how to expand your real estate portfolio using the powerful 1031 Exchange strategy! This workshop will cover the benefits of tax-deferred exchanges, how to find like-kind properties, and common mistakes to avoid. Whether you're a seasoned investor or just starting, this session will provide the tools you need to scale your real estate holdings efficiently.

Date: September 26, 2024
Time: 9:30 a.m.
Location: 4353 Tilly Mill RD, Atlanta, GA 30309 or via Zoom
Speaker: Rick Baggenstoss and Sheree Hsu

Join us on September 26th at 9:30 a.m. in-person or via Zoom for our Scaling Your Real Estate Portfolio with 1031 Exchange workshop.

A 1031 exchange in real estate — also called a like-kind exchange — is a type of tax-deferred exchange that allows real estate investors to defer capital gains taxes when selling one investment property for another. A 1031 exchange is named after the Section 1031 provision in the IRC tax code. This exchange involves using the proceeds from the sale of the relinquished real estate investment property to acquire another like-kind piece of real estate. The new property has to be of equal or greater value than the one that is sold, and all of the cash profits must be reinvested. This is the only way to defer 100% of the tax on the gain of the sale.

The instructors are Rick Baggenstoss and Sheree Hsu. The guest price is $129.

GaREIA Subgroup Leaders, Executive Director, and the Board are hand-picking vendors everyone should have in their phone on speed dial and bringing them together for a Vendor Night at Roam Dunwoody at 6:30 p.m. 

While you fill out your team, we're going to have educational sessions on:

- Financing your projects

- Strategies for affordable housing 

- Best practices for working with contractors

We'll have hard money lenders, DSCR brokers, insurance agents, investor friendly real estate agents, roofer, cabinet supplier & installer, cleaner, housing authority leaders, alternative housing providers, real estate tax/bookkeepers, ... the list goes on. Network with vendors and investors. Exchange cards and be ready to execute with "A List" vendors.

The event is free for everyone so bring your friends or future investors with you. There will be giveaways, food and drinks at the event. Register here - Vendor Fair. Email [email protected] with any questions.