Episode: 1031 Exchange Education and Strategies For Real Estate Investors

Are you a California real estate investor looking to make your investments provide a better ROI out of state? Here is what you should know about 1031 exchanges, presented by Scott Fuller, Founder of LeavingTheBayArea.com/LeavingSoCal.com, and Teresa Fluegel and Mary Cunningham from Chicago Deferred Exchange Company.

We cover the following topics and more:

– What is a 1031 exchange?
– Who is it for and what are the benefits of doing it?
– What are the qualifying property types and rules for exchange?
– What is the timeline involved?
– Do you have to reinvest all the of the money?
– Recent changes made due to COVID?
– What is the role of a Qualified Intermediary?

Podcast Hosts:

Scott R. Fuller
Founder @LeavingTheBayArea.com / LeavingSoCal.com
Scott Fuller has 25 years consulting and sales experience in real estate, professional services and technology with companies such as IBM Global Services and PeopleSoft. Real estate broker and founder of LeavingTheBayArea.com and LeavingSoCal.com, Scott has been featured as a relocation expert on KRON4 Bay Area, NBC Bay Area, KABC Los Angeles, NBC4 Los Angeles, SF Gate, San Francisco Business Times, Silicon Valley Business Journal, KGO San Francisco, Bloomberg News, The Washington Post, KCBS San Francisco, Reason Magazine and Zero Hedge.

Guest Interview:

Teresa Fluegel
Executive Vice President/ Certified Exchange Specialist® @Chicago Deferred Exchange Company
Ms. Fluegel joined CDEC in 2000 and is responsible for providing consulting services to real estate and tax attorneys, accountants, investors and commercial real estate professionals. She is a frequent lecturer on IRC Section 1031 and has presented hundreds of accredited courses to real estate and tax professionals. Ms. Fluegel is a seasoned industry expert and brings over 25 years of professional experience and expertise to the field.

Mary Cunningham
President & Chief Executive Officer @Chicago Deferred Exchange Company
Mary Cunningham, President and Chief Executive Officer of Chicago Deferred Exchange Company (CDEC), is responsible for a staff dedicated to providing trust and consulting services to attorneys, accountants, real estate and tax professionals nationwide. Ms. Cunningham brings more than 25 years of exchange expertise in the field of LKE services. Her experience comes from direct involvement with thousands of tax-deferred exchanges of diverse assets, including FCC Licenses, Trademarks, Commercial Aircraft, Pipelines, Automobile Fleets and every type of real property. Ms. Cunningham is a frequent lecturer at real estate and tax forums across the country on the topic of tax-deferred exchange strategies and has represented her industry on various legislative issues with the IRS National Office, members of the House of Representatives and the United States Senate.

Podcast Transcription

Podcast Host:

Scott R. Fuller

Founder @ LeavingTheBayArea.com / LeavingSoCal.com

Podcast Guest:

Teresa Fluegel

resident & Chief Executive Officer @Chicago Deferred Exchange Company

We'd Love To Chat!

We love hearing from our listeners so drop us a line! Also let us know if you are interested being a guest on the Podcast.

Download Free eBook