Exchange Resource Group

Upcoming Events with ERG

Lifestyles Unlimited Expo (Dallas, TX):

Lu Ann and Dan will be representing ERG and will be teaching classes on 1031 exchanges at the expo on February 15-17.

Realtors Summit (Loveland, CO):

Ken and Drew will be representing ERG at the Realtors Summit on February 15 in Loveland, Colorado.

Upcoming Classes with ERG

Lifestyles Unlimited Expo

Location: Dallas, TX (In-person)

Date: February 15-17

Time: Check Event Schedule

Host: Guaranteed Rate Affinity: 1 Hr CE

Location: 141 Union Blvd Ste 200, Lakewood, CO

Date: February 14

Time: 9:30-10:30 AM

To Sign Up: Contact Jim Nolte at [email protected] or (720) 770-0615

Why should you use a 1031 Exchange?

There are many solid business, lifestyle, and estate planning reasons to move from one investment property to another, such as:

  • Leverage into a larger property
  • Reallocate an investment property portfolio without creating a taxable event
  • Transition from passive land investment to active rental property
  • Transition from single family to multi-family rental properties
  • Move from residential property to commercial or industrial property and vice-versa
  • Transition a vacation rental property from one location to another
  • Move from an area of low equity growth to one of high equity growth
  • Transfer property to heirs without creating a taxable event
  • Leverage an investment in a vacation/rental property that may eventually become a retirement home with the opportunity to not just defer but eliminate the tax
  • Moving from one higher priced property into multiple lower priced properties in order to maximize growth opportunities

Why only 3%?

Section 1031 of the IRS tax code provides a way for investors to defer paying capital gains taxes when they sell one investment property and replace it with another. IRS and the National Association of Realtor data indicate that less than 3% of investment property sales use this powerful strategy. Many investors simply do not have the information they need to utilize 1031 exchanges to build their real estate portfolio.

Trust the Experts

While 1031 exchanges have specific requirements, in most circumstances, investors simply need to abide by a few basic rules to take advantage of this option. An experienced Qualified Intermediary will guide investors through the process, documentation, and handling required to successfully complete an exchange. While it may seem too good to be true, it is possible to sell your investment property and roll all the gain to a new property without paying any tax in the here and now.

Want more information?

Download ERG's Brochure

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Employee Spotlight: Dan McCabe

Dan McCabe, Esq, VP

Dan has 40 years of legal expertise as an attorney in real estate and construction law and completed his first 1031 Exchange in 1977. Dan served as legal counsel to a number of real estate professionals and has acted as a principal and real estate agent in many real estate sales and development projects. Additionally, he served as a Municipal Judge for over nine years. Dan is also a past President of the Federation of Exchange Accommodators (FEA), the governing trade organization for the 1031 industry.

Dan is a nationally recognized seminar leader on Section 1031 Exchanges and has extensive experience teaching on real estate and construction law and liability and on advanced principals of reverse and construction exchanges. Dan has been certified to teach 1031 continuing education (CE) classes in numerous states and has been a guest speaker at numerous national and local conventions and events.

Meet the team
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