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1031 Advantages IN PERSON Kitsap June 2022
Cloverleaf Sports Bar & Grill in Bremerton
1240 Hollis Street
Bremerton, Washington 98310
Wednesday, June 01, 2022, 6:30 PM PDT
Category: Events
Where: Cloverleaf Sports Bar & Grill in Bremerton
When: 1st Wednesday of each month
Doors Open: 6:00pm Meeting Starts: 7:00pm (6-7pm Networking - Get to know other investors in the area!)
REAPS Members Free
Guests: $25
1031 Advantages
How do you come out Ahead with a 1031 Exchange?
- A great Resource and Strategy for Real Estate Investors -
Kyle Williams
Vice President | Account Executive
Investment Property Exchange Services, Inc (IPX1031),
which is under the Fidelity National Financial Company umbrella
"A 1031 Tax Deferred Exchange offers taxpayers one of the last great opportunities to build wealth and save taxes. By completing a 1031 Exchange, the Taxpayer (“Exchanger”) can dispose of investment or business-use assets, acquire replacement property and defer the tax that would ordinarily be due upon the sale."
Kyle Williams, Vice President and Account Executive with Investment Property Exchange Services, Inc. is responsible for IPX1031 sales covering Washington state. With over 15 years of financial brokerage and real estate experience, including REITs, 1031 Tax Deferred Exchanges, 1031 Exchange rules and regulations, and other real estate investments, he enjoys speaking w/ brokers, CPAs, attorneys, investors, and real estate professionals. Kyle received his B.A. from Central Washington University in Political Science & History.
REAPS Members Free
Guests: $25
Our Kitsap Meals N Deals is held monthly on the first Wednesday and is open to the public. This event is FREE for members and $25 for guests. Registration is required to attend. Dinner is optional, but we designed these meetings so you can come hungry and network with a smaller group of members who live in your community! If you have never attended one of our events, then just register online and use promo code "guest" to attend your first meeting for FREE. Doors open at 6:00pm for networking, meeting begins at 7:00pm.
Never been to a REAPS meeting before? The first time is free! Type "Guest" in the promo code.
About Our Moderator...
 New Co-Host: Kristel Knittel started by investing for appreciation in 2010 in the Bay Area and in 2018 relocated to invest in Bremerton. She currently flips and owns a duplex and works full-time as a Realtor and investor. Her goal is to generate enough passive income by 2025 to retire (aka work just for fun). An Army veteran, she also gives back to her community through the East Bremerton Rotary, and enjoys hikes, cooking, spending time with family and their two dogs.
 Mike Sumsky is a long-time REAPS member, REAPS Board member and MC of the REAPS Kitsap satellite group. He is a full-time real estate investor and owner of Washington Home Solutions, based out of Bremerton, WA. Mike specializes in creative deal structuring, raising private money, wholesaling, landlording and lease options. When Mike is not flipping houses, he enjoys spending time with his wife and daughters, rooting for the Seahawks, enjoying the outdoors, golfing and wine tasting.
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