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1031 Exchange Investing with Dave Foster - West Sac RE Meetup
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- 03/01/21 06:00PM - 08:00PM America/Los_Angeles
- https://www.meetup.com/West-Sacramento-Real-Estate-Investor-Meetup/events/276532749
- Free
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@Dave Foster will join us for this month's West Sac RE Meetup to talk about how the 1031 exchange can boost our investing progress.
Bring questions, concerns, experiences to share with others. We will have breakout groups of 2-3 people to give everyone an opportunity to network with each other!
Register here: https://us02web.zoom.us/meeting/register/tZcqfu2spj0rHdPUl0fo7ZgE2vcqrPKqaEti
Dave Foster, Founder and CEO of The 1031 Investor. Dave is a degreed accountant and serial real estate investor who is a qualified intermediary and consultant for tax saving strategies such as the 1031 exchange and the section 121 homestead exemption. Dave started fix and flipping in the 90s and realized that about 40% of his profits were going directly to the IRS. Dave tells us about the updated rules and regulations around using the1031 exchange to legally compound your tax interest that will stay with you instead of going straight to the government. Dave breaks down exactly how to use the 1031 exchange in layman’s terms. He explains to us how he moved his way from Denver, CO to Tampa, FL over 10 years using the section 121 homestead exemption, so that he and his family could move onto a boat (which was a huge dream of his). Find out how Dave raised 4 boys on his boat while investing in properties with the 1031 exchange.