Advanced 1031 Planning for Californians (Ep. 8)

What if you could turn California’s real estate challenges into profitable opportunities? Explore the lucrative world of California real estate with the California Wealth Warriors podcast! This episode, hosted by Ray Olmo, features Javier Vande Steeg, the accomplished CEO of Asset Preservation Inc. Together they explore the dynamic strategies and hidden opportunities within 1031 exchanges, a key element in California’s unique real estate market. Key Highlights: Ray’s Californian Legacy: Discover how Ray’s heritage, rooted in the state’s wine history, shapes his real estate insights Demystifying 1031 Exchanges: Understand the basics and timelines of 1031 exchanges, and the crucial role of intermediaries Impact of State Laws: Uncover how Propositions 13 and 19 specifically affect California property management and taxes Investor Strategies: Dive into the tailored approaches needed for different investor types in Californian real estate Market Analysis and Trends: Gain expert insights into the current market, and how political and economic factors influence investment strategies Optimizing Investments: Learn about innovative strategies like reverse exchanges and the use of DSTs for enhancing real estate portfolios And much more!   Connect with Ray Olmo:  LinkedIn: Ray Olmo LinkedIn: TRUST-CFO Company Site: TRUST-CFO Facebook: TRUST-CFO Twitter: TRUST-CFO YouTube: TRUST-CFO Office: (800) 730-3020 Cell: (916) 214-3020 Connect with Javier Vande Steeg:  LinkedIn: Javier Vande Steeg Website: Asset Preservation Inc.   About Javier Vande Steeg:  Javier G. Vande Steeg, President and co-founder of Asset Preservation, Inc. has been involved in the §1031 exchange industry for over twenty years. Javier focused on creating a company that is an industry leader in securing its client’s funds and property. This was accomplished in 1993 through the majority acquisition of the Company by Stewart Title Company of Houston, Texas. Asset Preservation is one of the most respected national “Qualified Intermediaries” in the United States and has successfully completed over 140,000 §1031 exchanges throughout the nation.  Currently, Javier spends a great deal of his time speaking to attorneys, CPA’s and real estate professionals across the country. His annual speaking engagements include The Ohio  State Bar Association, NBAA (National Business Aircraft Association) Tax Committee,  ALTA (American Land & Title Association), GMAC Real Estate, state organizations for the  Society of CPA’s and local Bar Associations to name a few. His courses are always practical, real-life and hands-on.  In addition to speaking, Javier stays at the cutting edge of the ever changing §1031 industry by monitoring tax court cases, letter rulings, gray area development and keeping in contact with the IRS and lawmakers for any potential regulatory changes.  Javier received his Bachelor of Science in Business Administration, Finance from California  State University at Sacramento.