Defer Capital Gains Tax With a “721 UPREIT” Exchange
September 28, 2023 @ 11:00 am - 12:00 pm
| Free for AAGLA MembersDefer Capital Gains Tax With a “721 UPREIT” Exchange
Presented by the 1031 Exchange Experts at Real Estate Transition Solutions
Are you a California landlord who is considering selling with a 1031 Exchange and wondering if there are better investment options outside California? Join us for a FREE online webinar to explore tax-smart 1031 Exchange exit strategies, top reinvestment locations including real estate investment trusts (REITs), and ideal property types in today's market.
By attending this free, live webinar, you will gain essential insights into the world of 1031 Exchanges, REITs, and “721 UPREIT” transactions. Discover how to simultaneously defer capital gains taxes and strategically invest in Real Estate Investment Trusts (REITs) by utilizing a 1031 Exchange with a “721 UPREIT” transaction. Register today to secure your spot!
This will be a FREE live webinar hosted by Austin Bowlin, Certified Public Accountant and Partner at Real Estate Transition Solutions (RETS). During the webinar, you will gain valuable insights and explore dynamic strategies to make the most of your California 1031 Exchange, including:
• Discover popular 1031 exit strategies for generating passive income and reducing risks.
Learn important strategies that will ensure you maximize your 1031 Exchange transaction.
- Gain insights into investing in real estate investment trusts (REITs) through a 1031 Exchange with a “721 UPREIT” transaction. Learn the difference between a “721 UPREIT” versus a “1031 DST” investment transaction.
- Explore top locations across the U.S. for 1031 Exchange reinvestments.
- 1031 Exchange property types to consider based on current market trends. Selecting favorable property types and locations for your 1031 Exchange.
- Where to find intuitional-quality passive income replacement property. Learn about Delaware Statutory Trust (DST) properties.
A Delaware Statutory Trust or DST is a legal entity sanctioned by the Internal Revenue Service that allows you to hold title in real estate - DSTs are considered “like-kind” property that allows you to defer capital gains taxes in a Section 1031 Exchange. A 721 Exchange is a type of real estate exchange that allows investors to contribute property to an umbrella partnership real estate investment trust (UPREIT) in exchange for units of equity interest in the operating partnership of the REIT. Investing DSTs and REITs allows you to earn passive income, continue to build your real estate portfolio, diversify your real estate holdings and avoid the hassles of managing property on your own.
WARNING: THE INFORMATION PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR. BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME. SO, BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM A LICENSED PROFESSIONAL.
IMPORTANT INFORMATION: The information herein has been prepared for educational purposes only and does not constitute an offer to purchase or sell securitized real estate investments. Such offers are only made through the sponsor's Private Placement Memorandum (PPM), which is solely available to accredited investors and accredited entities. Examples are for illustrative purposes and are not representative of future results. There are risks associated with investing in real estate properties, including, but not limited to, loss of entire investment principal, declining market values, tenant vacancies, and illiquidity. Because investor situations and objectives vary, this information is not intended to indicate suitability for any investor. This material is not to be interpreted as tax or legal advice. Please speak with your own tax and legal advisors for advice/guidance regarding your situation. DST 1031 properties are only available to accredited investors (generally described as having a net worth of over $1 million exclusive of primary residence) and accredited entities only. If you are unsure if you are an accredited investor and/or an accredited entity, please verify with your Certified Public Accountant and Attorney. Securities are offered through Aurora Securities, Inc. (ASI), a member of FINRA / SIPC. Advisory services are offered through Secure Asset Management, LLC (SAM), a registered investment advisor. ASI and SAM are affiliated companies. Real Estate Transition Solutions (RETS) is independent of ASI and SAM.
Presenter:
Austin Bowlin, Certified Public Accountant and Chief Exchange Strategist and a Partner at Real Estate Transition Solutions
Austin Bowlin, Certified Public Accountant, is the Chief Exchange Strategist and a Partner at Real Estate Transition Solutions. As Chief Exchange Strategist, Austin leads the firm's team of licensed 1031 Exchange advisors and analysts and provides consultation on tax liability, deferral strategies, legal entity structuring, co-ownership arrangements, 1031 replacement property options, and Delaware Statutory Trust investments. He is a graduate of the Gonzaga University School of Business and is a FINRA Licensed 1031 Exchange Advisor and holds Series 22, 63, and 65 Licenses. He is on the Board of Directors for the Northwest Avalanche Center (NWAC), and a member of the advisory Board for the Washington Policy Center's Young Professional Group. Mr. Bowlin is a frequent speaker and contributor for real estate media and associations.
Moderator:
Daniel Yukelson, AAGLA Executive Director
Daniel Yukelson is currently the Executive Director of The Apartment Association of Greater Los Angeles (AAGLA). As Certified Public Accountant, Yukelson began his career at Ernst & Young, the global accounting firm, and since then had served in senior financial roles principally as Chief Financial Officer for various public, private and start-up companies. Prior to joining AAGLA, Yukelson served for 12 years as Chief Financial Officer for Premiere Radio Networks, now a subsidiary of I-Heart Media, and then 3 years as Chief Financial Officer for Oasis West Realty, the owner of the Beverly Hilton and Waldorf Astoria Beverly Hills where he was involved with the development and construction of the Waldorf. Yukelson also served for 6 years as a Planning Commissioner and for 3 years as a Public Works Commissioner for the City of Beverly Hills.
A Featured Presentation By:
Real Estate Transition Solutions
Real Estate Transition Solutions (RETS) is a consulting firm specializing in tax-deferred 1031 Exchange strategies and Delaware Statutory Trust investment property. For over 26 years, we have helped investment property owners perform successful 1031 Exchanges by developing and implementing well-planned, tax-efficient transition plans carefully designed to meet their objectives. Our team of licensed 1031 Exchange Advisors will guide you through the entire process, including help selecting and acquiring passive management replacement properties best suited to meet your objectives. To learn more about 1031 Exchanges and Real Estate Transition Solutions, visit www.re-transition.com/aagla or call us at (866) 352-3354.
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