116. Deal Deep-Dive: How to Maximize Returns through 1031 Exchange with Greg Lehrmann

Westside Investors Network

ABOUT GREG LEHRMANN

Greg Lehrmann is an attorney who has a B.B.A. with Honors in Accounting from The University of Texas and a J.D. from The University of Texas School of Law. He is a North Texas/Oklahoma Division Manager with Asset Preservation Inc. API, a subsidiary of Stewart Title Company, is a leading national IRC 1031 Qualified Intermediary and has handled over 200,000 exchanges throughout the country.

Mr. Lehrmann has 39 years of experience in commercial and residential real estate law. He dedicates a significant portion of his time to speaking to attorneys, CPAs, escrow officers, real estate agents/brokers, and investors in Texas and Oklahoma on the many ways to improve investment returns through IRC Section 1031. His presentations feature many real-life exchange scenarios to illustrate a wide range of investment and tax strategies.

Mr. Lehrmann and his wife have two sons: Jonathan is an attorney with Wright, Close & Barger in Houston and Gregory is an attorney with The Knight Law Group in Los Angeles.

THIS TOPIC IN A NUTSHELL:

Greg's career background and journey to real estate
1031 exchange Defined
Why it’s better to defer taxes
Swap till you Drop
What kind of properties qualify for 1031 exchange?
3 Keywords in 1031 exchange that you need to know
Like-kind potential investments to consider
Intent when buying real estate
Holding period for 1031 exchange
About the 60-acre ranch Deal
Process of selling the farm and exchange of investment
Passive income from DST shares and minerals
What the client is most excited about this deal
3 Forms of mailbox money
Triple Net Lease property
Delaware Statutory trust
1031 Exchange Fees
1031 exchange process in a wrap
What does Qualified & Intermediary mean?
Connect with Greg

KEY QUOTE:

“It's always better to pay taxes later than today because if you pay later, those dollars are gonna be cheaper. Every year you defer, you make more money.”

ABOUT THE WESTSIDE INVESTORS NETWORK

The Westside Investors Network is your community for investing knowledge for growth. For real estate professionals by real estate professionals. This show is focused on the next step in your career... investing, for those starting with nothing to multifamily syndication.

The Westside Investors Network strives to bring knowledge and education to real estate professional that is seeking to gain more freedom in their life. The host AJ and Chris Shepard, are committed to sharing the wealth of knowledge that they have gained throughout the years to allow others the opportunity to learn and grow in their investing. They own Uptown Properties, a successful Property Management, and Brokerage Company. If you are interested in Property Management in the Portland Metro or Bend Metro Areas, please visit www.uptownpm.com. If you are interested in investing in multifamily syndication, please visit www.uptownsyndication.com.

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CONNECT WITH GREG LEHRMANN:

Email: [e-mail]

Website: https://apiexchange.com

LinkedIn: https://www.linkedin.com/in/greg-lehrmann-4031607/
Instagram: https://www.instagram.com/greglehrmann1031

CONNECT WITH US

For more information about investing with AJ and Chris:

· Uptown Syndication | https://www.uptownsyndication.com/

· LinkedIn | https://www.linkedin.com/company/71673294/admin/

For information on Portland Property Management:

· Uptown Properties | http://www.uptownpm.com

· Youtube | @UptownProperties

Westside Investors Network

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· Instagram | @westsideinvestorsnetwork

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