Based on IRC Section 1031, a properly structured 1031 exchange allows an investor to sell a property, reinvest the proceeds in a new property, and defer all capital gain taxes. This webinar takes a comprehensive view of IRC §1033 and provides numerous insights that are practically applicable for the practitioners. This webinar will cover the practical uses of the 1033 tax code and how to grow your practice with this new knowledge.
Daniel Raupp is a co-founder and the Managing Partner of Fortitude Investment Group. He leads the company’s wealth management practice with a particular focus on real estate private equity and helping clients with tax-efficient investment solutions in the area of 1033 and 1031 eligible asset-back securities. Dan began his career in Charlotte, NC, with Bank of America in 1999 and parlayed that early experience into a profession where he has been widely recognized for his work in venture capital, investment banking, and real estate. Dan is an active member of several charitable organizations, including GLADS.org, a non-profit committed to helping place people with down syndrome with adopting parents. Daniel is also an avid member of ABLI, nyabli.com, New York’s Association for a Better Long Island. Since 2007 Daniel has managed his portfolio of development projects and rental apartment buildings, and other asset classes he currently owns. Daniel directs a range of strategic initiatives to successfully leverage core competencies in tax-efficient investing, alternative investments, and operational excellence to create customer value. His credentials include a Series 7 General Securities Representative (GS) License, Series 24 Principal of General Representatives License, Series 63 Uniform Securities Agent License, and a Life/Accident and Health Agent License. Dan lives in New York with his family of four daughters and his beautiful wife.
With over 25 years in financial services, Alan brings a lifetime of knowledge and experience to the Fortitude Investment Group. He is focused on advanced tax-reduction and tax-efficient investment strategies in all areas of wealth management. Registered with the NY State Board of Public Accountancy, Alan provides continuing education courses regarding IRC §1031 and IRC §1033 to Certified Public Accountants. Through the use of the Delaware Statutory Trust, Alan has successfully guided real estate investors through even the most complex 1031 and 1033 exchange scenarios from start to finish.