1031 Exchanges and Delaware Statutory Trusts
Temecula Valley Chapter In-Person Meeting

Date/Time:

Wednesday, July 3, 2024
5:30 PM to 8:00 PM

Location:

Richie's Real American Diner
40651 Murrieta Hot Springs Rd
Murrieta, CA 92563

Topic: 

We will be covering 1031 exchanges, including their mechanics, restrictions, advantages and limitations, and tax consequences. We'll also cover Delaware Statutory Trusts (DSTs) as targets of 1031 exchanges. We'll discuss the history, processing, and so-called "seven deadly sins" of DSTs. Finally we'll look at specific DST offerings to get a feel for what's available to prospective investors.

Presenter:

Karl Schorr, Principal, Karl Schorr Wealth Management, LLC CRD: 166433
Karl is the founding partner of Karl Schorr Wealth Management, LLC, a California Registered Investment Advisor. He graduated from U.C. Berkeley in 1985 and spent 20 years writing software, usually related to finance. In 2012 he founded Karl Schorr Wealth Management and now manages investment portfolios for families in California and seven other states. Karl has been a CSTC member since 2013. Outside the office, he loves fishing, pickleball, and exotic foods.

CPE Information:

2 Federal Law hour(s) (Topics covering existing tax law)

IRS: 18QC1-T-01990-24-I
CTEC: 1000-CE-5439

Knowledge Level: Intermediate (Basic knowledge helpful)

Cost:

Registration Fee (Member): $38
Registration Fee (Non-Member): $68

Please contact Elyse Beltz at [email protected] or 9512237200 to register for this event.

Cancellation and Refund Policy:: 
Written cancellations will be accepted up to three (3) business days before the course begins for a full refund. Please email your request to [email protected]. No refunds will be given if cancellation notice is received later than three (3) business days before the course begins, or for no-show registrants.

This presentation has been designed to meet the requirements of the Return Preparer Office, the California State Board of Accountancy; and the California Tax Education Council including code 31 of Federal Regulations10.6 (g). This does not constitute an endorsement by these groups. A listing of additional requirements to renew tax preparer registration may be obtained by contacting CTEC at P.O. Box 2890, Sacramento, CA. 95812- 2890, or phone CTEC at (877) 850-2832, or on the Internet at www.ctec.org.