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#33483 - 06/12/05 08:51 AM Re: 1031 Exchange
Dee in Austin Offline
Major Contributor

Registered: 12/03/04
Posts: 2198
Loc: Austin, TX
Ok, that's http://www.1031.org/. I saw their site and wondered about becoming a member.
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#33484 - 06/12/05 03:52 PM Re: 1031 Exchange
Carla in Colorado Springs Offline
Veteran Member

Registered: 06/08/05
Posts: 899
Loc: Colorado Springs
Hi. I do lots of exchanges. I started teaching free classes on investing and 1031 exchanges in March. So far I have had nearly 100 people attend. They are so interested in learning about 1031 exchanges. If you work with someone who is exchanging from a state where they will pay much for taxes (Colorado is just 5%, but I think CA is much higher) you should talk to an accountant about setting up a.... I'm not sure if I've got the right trust here... private annuity trust to exchange properties in. Might save them more than doing a 1031. If you need to know more I can ask my accountant.
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Keller Williams Realty
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#33485 - 06/13/05 05:45 PM Re: 1031 Exchange
drobin Offline
Member

Registered: 06/03/05
Posts: 59
Loc: Boston
I'm actually planning on becoming one in July. I figured being a member could not hurt. I hooked up with a QI who is an accountant and has a radio spot on the financial radio here in Boston. Planning on putting seminars together for local investment property owners.
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#33486 - 06/13/05 08:04 PM Re: 1031 Exchange
Dee in Austin Offline
Major Contributor

Registered: 12/03/04
Posts: 2198
Loc: Austin, TX
Wow, robin, that's great!

Thanks Carla, if I have questions about 1031s, I'll email you. So far, it seems as if I'm just locating properties for buyers. I'm signed up for some MCE courses on 1031s that are more advanced. They provide CPA and legal credits, so I figured they'd be more than just an overview.
_________________________
Dee Copeland, ABR, ASR, CRS, e-PRO, GRI, SRES
Broker-Associate, Keller Williams Realty
http://www.CopelandGroupRealty.com
http://www.TexasRealtyBlog.com

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