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1031 Exchanges with Joe Hampton

with... KREIA In-House Mentors

Want to trade up -- and defer capital gains taxes? You need info on 1031 Exchanges. KREIA past president Joe Hampton will be on hand to tell us how it's done.

Thursday, July 26, 2018

Woodhaven Country Club
7200 Woodhaven Lane
Louisville, KY 40291


Do you have properties you'd like to sell but want to avoid or defer capital gains taxes on the sale? Consider a 1031 Exchange: Replace those properties with new, similar investments and save the 30% that would've gone to the IRS if you'd just done a straight sale.

Come to the July 26 meeting to learn the ins and outs from someone who's got a handle on the process: KREIA past president Joe Hampton. Joe has done seven 1031 exchanges on his own properties, and he helps facilitate the process for other investors. In the last month he has helped another investor trade in one rental house for two.

Come to the meeting to find out how you can leapfrog your rental properties into larger portfolios faster, tax-deferred!

The 1031 exchange can save you hundreds of thousands of dollars -- or more -- over your investing lifetime. Or on just one deal, depending on how big your deals are. But there are rules and caveats. You need a qualified intermediary to oversee the exchange. You're on a tight deadline after selling the initial investment to find a replacement property and take title on it -- and the IRS does not give extensions here. There are some trades you can’t do.

It takes teamwork, and working through a 1031 exchange can be an involved process, but we'll have Joe here to tell us how to put all the moving pieces into motion.

Joe Hampton has been a member of KREIA since 1983, has served on its board of directors for more than 20 years, and served as president in 1990 and 1991. While he was president he wrote our KREIA Code of Ethics. He is an active real estate investor and said that in his "former life" he was an accountant and CIA (certified internal auditor). He is with Re/Max now and acts as a facilitator for investors doing 1031 exchanges.

Register now!


Date: Thursday, July 26, 2018
Time: 5:30 PM - 9:00 PM

Woodhaven Country Club
7200 Woodhaven Lane
Louisville, KY 40291

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