WS1554: Using 1031 Exchange In Syndications | #Highlights

Published: Jan. 22, 2023, 8 a.m.

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Many investors and syndicators don\\u2019t even realize that it is possible to do a 1031 exchange into syndication. In today\\u2019s #Highlights episode, we look back at our conversations with real estate entrepreneurs who have done this. They are Ken Holman of Overland Group and Brandon Bruckman of Insight Real Estate Partners.

Ken stresses the importance of choosing suitable properties to deal with and the process of incorporating 1031, self-directed IRAs, and regular investors in the same project. Meanwhile, Brandon shares the idea of proper planning and its indispensable role in the processes of 1031. Listen now and learn new knowledge today!

Key Points From This Episode:\\xa0

  • Ken discusses how you can incorporate 1031, self-directed IRAs, and regular investors in the same projects.
  • Ken explains that a 1031 investor can\\u2019t invest in regular syndication because they\\u2019re buying a share of an entity, they\\u2019re not buying real estate.
  • A little bit of Brandon\\u2019s background in real estate and some information on his firm.
  • How Insight helps investors with planning and more!
  • Steps for operators to take and Brandon\\u2019s thoughts on the impact of the political climate.
  • The job of matchmaking between syndicators and investors.
  • Costs involved in 1031 exchanges and weighing the benefits versus inputs.
  • Important details around timing for operators considering a 1031 exchange.


Tweetables:

\\u201c I like to work with bigger investors as opposed to smaller investors. I have found that it\\u2019s possible to incorporate 1031 tax-deferred exchange investors with self-directed retirement account investors and regular investors.\\u201d \\u2013 Ken Holman

\\u201cPlanning is so critical before you even get into the exchange process.\\u201d \\u2013 Brandon Bruckman

\\u201cTo stop and to do something a little bit different is more costly and time-consuming.\\u201d \\u2013 Brandon Bruckman

\\u201cCPA is a great person to have in this transaction, real estate lawyers are a great person to have in this transaction. The investor wants to speak with these people before they even start to think about doing an exchange.\\u201d \\u2013 Brandon Bruckman

Links Mentioned in Today\\u2019s Episode:

Ken Holman\\u2019s Email
Ken Holman on LinkedIn
WS283: The Benefits Of Incorporating 1031 Investors, Self-Directed IR

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