Webinar: Advanced 1031 Exchange Exit Strategies

Event Main Info

Join Roy Pfleger of RVP II Consulting, and David Gorenberg, Managing Director of Accruit, as they discuss the basics of 1031 exchanges, and replacement property options including NNN, TICs, DSTs and more.

Date: Tuesday, December 15th, 2020

Time: 11:00 AM-12:00 PM EST
Location: Online

 

 

In this 1-hour webinar, you'll: 

  • Learn the basics of 1031 exchange, including the process and different types of exchanges
  • Know how and why to leverage the benefits of 1031 exchange as it relates to various replacement property options, including NNN, TIC, DST, and oil and gas royalties.

This webinar is presented in collaboration with RVP II Consulting

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About the Speakers: 

Roy Pfleger II, Financial Consultant

Roy has spent his entire career within the financial services sector. He began his journey at one of the country’s top John Hancock agencies as an intern. During his tenure at John Hancock and over the course of his career, Roy gained vast experience in financial services and excelled in management. Roy oversaw multiple branch offices locally and around the country. He had responsibilities in compliance, supervision, marketing, recruiting, day-to-day operations, administration, life insurance case management, business and investment processing, transitioning books of business and client accounts, and technology implementation.

As the President and Owner of RVPII Consulting, Roy Pfleger set out to break the boundaries of the traditional financial services experience by incorporating his managerial and operational background. By using his knowledge and expertise, Roy focuses on guidance, accountability, and implementation of strategies, to share with his clients along their financial planning journey.

 

David Gorenberg, Esq., CES ®, Managing Director, Accruit

A dedicated and successful professional, David Gorenberg has over twenty years of experience in business development and public speaking. His dynamic personality enables him to make effective presentations to groups both large and small, at all professional levels. David has written and spoken extensively on  Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange  transactions pursuant to Section 1031 of the Internal Revenue Code , and Tenant-In-Common (TIC) and Delaware Statutory Trust (DST) investment properties as like-kind replacement property solutions for Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange transactions pursuant to IRS Revenue Procedure 2002-22 and Revenue Ruling 2004-86.

Prior to joining Accruit, he was with Wilmington Trust, where he served as the Vice President and Product Leader for Wilmington Trust Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange , LLC out of Wilmington, DE. Prior to that, he spent six years with Citibank’s 1031 operations, where he built their Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange service from the ground up, ultimately generating over $850 million in annual deposits for the bank. In addition he has held leadership positions with three other national Qualified Intermediaries (Accommodators). Prior to becoming a full time Qualified Intermediary , David managed a successful law practice, where he was involved in business and real estate transactions. In that capacity, David has guided his clients through Internal Revenue Code Section 1031 states that "no gain or loss shall be recognized on the exchange of property held for productive use in a trade or business or for investment if such property is exchanged solely for property of like kind which is to be held for productive use in a trade or business or for investment." 1031 Exchange transactions since 1992.

 

Event Additional Info
Do you have property that is eligible for 1031 exchange, but you're not sure what to replace it with? In the world of like-kind exchange, there are options that are more complex than simply exchanging one building for another. Join Roy Pfleger of RVP II Consulting, and David Gorenberg, Managing Director of Accruit, as they discuss the basics of 1031 exchanges and replacement property options including NNN, TICs, DSTs and more.