You are Invited to Join Us for a Live Webinar

Thurs, June 27th, 2024 12:00pm (MST) - Phoenix, AZ

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You are Invited to Join Us for a Live Webinar

Thurs, June 27th, 2024 12:00pm (MST) - Phoenix, AZ

“Overview Of Section 1031”

Join us for an educational call on 1031 exchanges where Mike Scherer of RCX Capital Group and Max Moritz of Wellington Wealth Strategies walk us through the process of completing a 1031 exchange, discuss replacement property options, and highlight some of the common mistakes people make by not planning ahead.

  • What is a 1031 Exchange? Why Exchange (By The Numbers)
  • Three Primary Rules
  • Like-Kind
  • 45 Days to Identify
  • Must Use Qualified Intermediary
  • Common Pitfalls
  • A team-based approach
  • A solution designed to mitigate common pitfalls

Proactive planning is key.

 

In Partnership With

Biography:

Mr. Scherer is a Senior Vice President at RCX Capital Group, a registered broker-dealer. Mr. Scherer holds his FINRA series 7 and 63 licenses and is also a licensed real estate broker with Bang Realty, a brokerage firm, specializing in net lease real estate and 1031 exchanges. Mr. Scherer’s experience allows him to take a product agnostic approach to the replacement property search, listening first to client needs, and offering clients access to both Delaware Statutory Trusts and fee simple alternatives (Triple Net Lease properties).

Prior to joining RCX Capital Group, LLC., Mr. Scherer was a portfolio manager for Ensenia Wealth, LLC, an SEC registered investment advisor specializing in providing real estate and advisory services to Family Offices. Ensenia Wealth and its predecessor served as an integral part of Dan Goodwin’s family office, founder of one of the nation’s largest real estate organizations and 1031 exchange sponsors.

Mr. Scherer earned a Master of Business Administration degree from DePaul University, where he was the recipient of the Michael J. Horne scholarship and completed a dual concentration in Real Estate Investments and Finance and Financial Analysis. He obtained a Bachelor of Arts degree from DePauw University and holds the Chartered Alternative Investment Analyst designation.