A breakfast meeting, with one hour of CPE, is generally held on the second Thursday of each month except April. The breakfast meetings begin at 7:30 a.m. and are held at the
6200 West Club Lane
Next Meeting Date: December 12th, 2019
Topic: 1031 Property Overview
Delaware Statutory Trust (DST) are considered “like kind” replacement property pursuant to IRC Rev Ruling 2004-86. The DST has become the vehicle of choice for fractionalized 1031 exchange properties. This course will go over frequently asked questions regarding replacement properties with case studies and example properties. It will cover how they work, types available and due diligence to make sure they are structured correctly under the IRS 1031 exchange rules.
Speaker: Betty Friant, CCIM
Senior Vice President Betty Learned Friant oversees the Kay Properties and Investments, LLC Washington, D.C. office. With an extensive background in commercial real estate and expertise in investment sales, Betty specializes in 1031 Tax Deferred Exchange clients and accredited investors. Betty is well versed in the many aspects of commercial real estate and has extensive market knowledge. She holds the coveted CCIM designation, which recognizes expertise in commercial and investment real estate.
With more than 35 years of real estate industry experience, Betty has focused on the acquisition and disposition of single-tenant NNN properties. Before joining Kay Properties, Betty was a Senior Managing Director for the Calkain Companies and a leader in the single tenant net leased industry. Prior to that, Betty co-founded a Sperry Van Ness office in Winchester, VA and was instrumental in the listing and sale of more than $100 million in commercial properties.
In her current capacity as a Senior Vice President with Kay Properties, Betty specializes in the real estate investment, 1031 exchange and DST property marketplace. She is driven by her passion for identifying clients’ needs, goals and objectives thereby helping to identify the best opportunities for them. Betty’s success is the result of her ability to potentially build trusted and strategic relationships through hard work, dedication and mutual success. She is passionate about providing superior client service and is dedicated to a philosophy of transparency and integrity. She believes in exceeding her clients’ expectations by always putting their needs first.
Betty holds the Series 22 and Series 63 securities licenses as well as real estate broker’s licenses in Virginia and West Virginia. In addition to her focus on the commercial real estate industry, Betty is dedicated to her family and is involved in the volunteer efforts of several community and civic organizations.
CE Credits: 1
Please RSVP by the Monday prior to the meeting to email@example.com. The cost to attend the meeting is $25.
*Brenda will be taking orders for Quickfinders, this year’s price is $52 each.
CE Credit for VASEA Members:
Receiving CE credit for attending VASEA chapter meetings is a benefit of VASEA membership. All active members and associates in good standing are eligible to receive IRS CE credit through the VASEA office for chapter meetings at no charge.
As an alternative to CE Tokens, consider becoming a member. Visit www.vasea.org and click on Join NAEA/VASEA for details including member benefits and costs. If you are not an EA, you may join as an Associate Member.
If you are interested in presenting a tax topic for continuing education credit to the Richmond Chapter, please click here for the “Call for Speakers” form.
TBA for 2020