Saturday Online Workshop
Online Masterclass: The Ultimate Guide to Saving Taxes and Building Wealth with 1031 Exchanges
With Steve Wolterman, Esq.

If you know us, you know that we're always looking for ways to bring our members the information that can help them keep more of what they earn, avoid expensive mistakes, and build wealth faster.

One of the best ways to build wealth faster is to give less of it to the tax man, which is why we're bringing you Steve Wolterman for a deep dive into one of the most powerful — and most misunderstood — tax-saving tools available to real estate investors.

If you've owned property for any length of time, there's a good chance you've built up substantial equity and appreciation. That's great — until it's time to sell and a big ol’ chunk of your profit "belongs to" the government.

And that's where the (properly structured) 1031 Exchange comes in: it lets you defer paying those taxes — maybe for your lifetime and beyond — and keep more money working for you.

So, why isn't everyone doing it all the time?

Because too many investors understand the concept, but not the details.

Miss a deadline, structure something incorrectly, misunderstand ownership requirements, or make a seemingly minor mistake, and your exchange can fail.

But the rules aren't that hard to follow once you understand them, we swear. And that's why we're bringing you this workshop.

Steve is an attorney and Certified Exchange Specialist with years of experience helping investors save tens or hundreds of thousands of dollars in taxes. He's going to walk you through both the fundamentals and the advanced strategies that serious investors need to understand if they want to trade properties, reposition assets, and continue building wealth without unnecessarily writing large checks to the IRS.

You'll learn:

• What a 1031 exchange is and how it works
• Which types of real estate qualify
• The major IRS rules and deadlines
• The crucial role of the qualified intermediary
• How to defer both capital gains AND depreciation recapture taxes
• Why you can EASILY owe more taxes at the sale of a rental than you actually get in cash from that sale
• How to figure out your basis and decide whether the cost and effort of a 1031 is "worth it" for a particular property
• Why the IRS makes you spend all the cash you got AND replace all the debt you paid off — and what happens if you don't
• More sophisticated tactics, like reverse exchanges, where you buy the new property BEFORE you sell the old one, and improvement exchanges, where you use part of the money for fix-up
• What you're allowed to BUY when you do a 1031 (hint: it's more stuff than you think, but it's not EVERYTHING)
• Who you're allowed to exchange WITH
• What happens when you have a partner in the deal who doesn't want to exchange his part
• Common mistakes that can cause an exchange to fail
• State-to-state exchange considerations
• Practical examples, case studies, and checklists

So, yeah, it's a really complete day, with no course for sale at the end.

So, whether you're considering your first exchange or you've completed several already, you should be there, because you'll leave with new ideas for saving money when you sell rentals, lease/options, and other "properties held for investment."

This workshop will be recorded, so you'll get the recording after the event even if you can't attend live.

Members and non-members at every level of experience are welcome — but members, obviously, pay less. It's just $47 for members by June 25th, $67 after, and $97 for non-members by June 25th, $127 after).

(If you're not a member, join KREIA for only $125/year, get tons of instant educational benefits, plus all the advantages that being a member brings you – including discounts on classes like this.)

And also as always, this Online Masterclass is backed by our satisfaction guarantee: you’ll agree it was worth 10x the cost, or your money back.

Register below to get your zoom link.

After the Event: How to Get the Recording

If you register for this event — even if you can't attend live — you'll get access to the video replay. A few days after the event, when we've packaged up the video file, along with any supplemental documents, we'll post them here at the bottom of this page for viewing and downloading.

We'll also send you email letting you know they're here. But if you miss the email, be sure to visit this page a few days after the event to pick up your video and documents. (Note: Only the people who have registered for this event and are signed into their kreia.com account will be able to access the downloads and replay. Also, please note that it's a good idea to ask your real estate attorney to review any documents, contracts, and forms you receive from instructors who are not based in Kentucky; real estate law varies by location.)

Please download the video and documents ASAP: Our website host automatically moves these files out of current storage after 6 months, so the replay video and downloadable documents will go away in time. As soon as you become aware that these resources are available, please download them to your computer or device so that you'll have them for the long haul.

Is your replay no longer available?  (Because 6 months or more have passed since this workshop was held?) Fear not. You can still download your files in an upcoming "Download Amnesty Day." Get more info here on how to do that.

NOTE: This event is planned and hosted by RMG (Real Estate Mastermind Group) in association with KREIA. RMG is an organization comprised of leadership from real estate investing associations from around the country. KREIA is a participating member of RMG.