Why 1031s Matter to Real Estate Agents:
• To fulfill duty to client per NAR Code of Ethics, Article 1, and state laws.
• To increase listings and sales
• To expand referrals-many lasting forever
• To boost satisfaction
Why 1031s Matter to Real Estate Owners:
• To build wealth and defer payments of taxes interest free
• To use leverage to buy more real estate
• To diversify by owning different types of property
• To increase cash flow by purchasing income-producing rental property
• To reduce hassle by converting property into passive income.
• To increase probate estate by bequeathing property on stepped-up basis
Financial Security:
• $50M Fidelity Bond; $25M Errors and Omissions; $15M Cyber Liability.
• Banks are FDIC insured with 4-5 star Bauer rating
• Banks are evaluated quarterly on Bauerfinancial.com and reviewed for compliance.
• Funds are held in segregated accounts limited to single exchanger; never commingled.
• Information is kept confidential
• Funds are liquid and available for replacement property.
• Multi-factor, dual authentication increases security.
• “Positive Pay” safeguards against fraud.
1031 Exchange Strategies – Courtesy: Karr-Cunningham Storage Team
1031 Exchange Introductions
Is 1031 Exchange right for you
Who benefits from a 1031 Exchange
1031 Exchange Requirements and Options
Timelines & Guidelines
1031 Exchange Legalities
The “Typical” 1031 Exchange
1031 Exchanges & Seller-Financing
Reverse 1031 Exchange
Alternative 1031 Exchange Options
Exchanges and Expansions
Depreciation Recapture
Like-Kind Property
Exchange Velocity in 2024
