Last Saturday, March 29, 2008, the Omaha Landlord Association put on a great event. The day featured speaker Tom Lundstedt (www.tomlundstedt.com), who is billed as “the funniest investment and tax guy in America!” Based on my experience on Saturday, if he is not the funniest, I don’t know who is. (By the way, I am posting this after the fact because I did not find out about the event until last Thursday.)

The reason I was there, from two hours away in West Des Moines, was to be one of the exhibitors who were able to expose their services and products to the 200 or so attendees, all of whom were involved in real estate investments in some way or another.

Mr. Lundstedt spoke for about two hours on “How to Build Wealth in Real Estate.” Some of the topics that he touched on were purchasing real estate within your IRA, how to analyze a potential investment, and how to determine when it is time to move your equity into a new investment. Most importantly for my business, Tom spent about the last five minutes of the talk espousing the benefits of Section 1031 exchanges. My table was a fairly popular place after the presentation came to an end and the attendees moved into the room of exhibitors thanks to Tom’s comments.

I’m planning a blog or two in the next week or so that are based on Tom’s comments. As a long-time investor and qualified intermediary for Section 1031 like-kind exchanges, I found them very insightful.

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Please consider IOWA EQUITY EXCHANGE as your source for answers to your questions about Section 1031 like-kind tax-deferred exchanges. Contact us at your convenience for prompt, accurate information. Please think of us for your next exchange.

Ken Tharp

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Copyright © 2008 By Ken Tharp, All Rights Reserved. * Omaha Landlord Association Event, March 29, 2008 * Contact Ken Tharp for information on Section 1031 tax-deferred exchanges anywhere in the United States.