Robert Ian Bunje, CES®, has over two decades of experience in coordinating and facilitating Section 1031 exchanges. He oversees investment for assets totaling over $300 million under his group's management. Ian is a Certified Exchange Specialist and serves on the Board of Directors of the Federation of Exchange Accommodators (FEA), the governing body of the exchange industry. He has also held positions as a Regional Vice President for the FEA and as a Council Member of the Certified Exchange Specialist certification council. Ian holds a BS degree from Willamette University in Oregon and a Culinary Arts degree from the California Culinary Academy. He is associated with the company 1031-strategies-services-group.
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Established in 1921, 1031 Exchanges have evolved through key legal cases and legislative changes, including the introduction of delayed exchanges, stricter timelines, and rules for holding exchange funds. Despite these changes, the core purpose remains to incentivize real estate investment and market growth.
A 1031 exchange can be an incredible tool for real estate investors to reduce their tax liability. We demystify the rules required to qualify and successfully complete a like-kind exchange.
Learn about the 1031 Exchange process, a tax-deferred exchange allowing real estate investors to defer capital gains taxes. Explore important timelines, key deadlines, benefits, drawbacks, the significance of careful planning, and how to successfully navigate this tax deferral strategy.
