Alternative Investing Mastery Series
Access Replay for Session 48:
1031 Tax Strategies: Partnering via TICs or DSTs or DIY Direct Property Ownership
Don’t Miss This Replay
Learn from some of the biggest names in investing about how you can win with this downturn.What You’ll Learn In This Replay
How tax-advantaged 1031 exchanges let you sell investment property and reinvest – without paying capital gains taxes right away
What Delaware Statutory Trusts (DSTs) are and how they compare to 1031 exchanges
Key IRS rules, timelines, and common mistakes to avoid when doing a 1031 exchange
What role can DSTs play in reducing taxes for real estate investments
The types of properties and investors best suited for 1031 exchange and DST strategies
Live Q&A to give you the answers you need
August 20th - How to Cut Taxes on Passive Income with Cost Seg & Bonus Depreciation
August 27th - Investing in Data Centers
Date TBD - More to be announced
Meet Your Presenters
Patrick Grimes
CEO/Founder, Passive Investing Mastery: Diversified Litigation Portfolio, Diversified Medical Receivables Portfolio, Recessionary Acquisitions Fund, Recessionary Income Fund, PIM Rapid Lending
Patrick’s portfolio is diversified across energy, litigation finance, medical receivables, commercial lending, and acquisitions, including retail, industrial, and thousands of apartment units. He has developed a range of diversified passive investments focused on growth and cash flow. He speaks on stages nationally, co-authored Amazon #1 best-sellers 'Lesson From Thought Leaders,' and 'Pivotal Leadership,' also an e-book Barnes & Noble #1 Best-Seller, and is a member of the Forbes Business Council, contributing articles on investing and commercial real estate.
For investors who want recession-aware, low-correlation alternatives to traditional markets, Patrick offers four core strategies: (1) PIM’s Diversified Litigation Finance Portfolio, built to provide investors with non-correlated growth by funding a diversified pool of lawsuits through contingency-fee law firms; (2) PIM’s Medical Receivables Portfolio, for investors seeking non-correlated cash flow and growth through financing medical practices’ accounts receivable—billed claims for services already rendered. Patrick also offers two commercial real estate funds, both capitalizing on the downturn in commercial real estate: (3) an Acquisitions Fund, targeting growth through opportunistic property acquisitions, and (4) an Income Fund, targeting stable cash flow through a diversified portfolio of commercial real estate loans.
Patrick holds a BS in Mechanical Engineering and both an MBA and MS in Engineering from San Jose State University. An avid adventurer, he resides in Honolulu, Hawaii.
Dave Foster
Founder, The 1031 Investor
Dave Foster is a Qualified Intermediary (QI) for 1031 exchanges and Founder of The 1031 Investor. As a multi-industry visionary, he has over 25 years of experience working in all phases of real estate investing and brings his clients a fresh perspective and clear vision for strategic development using tools in the tax code such as the 1031 exchange and the Sec 121 Primary residence exclusion. As an investor himself, he views each investment as a unique opportunity to maximize returns. A degreed accountant with a Master’s in Management, Dave has also just released a best selling book, Lifetime Tax-Free Wealth, The Real Estate Investor’s Guide to the 1031 Exchange”
Jennifer Sotelo
DST Representative, DSTs 1031 Investments
Jennifer Sotelo, CCIM, is a seasoned commercial real estate professional specializing in investment sales, 1031 Exchanges, and property management. As a Delaware Statutory Trust Representative at DSTs 1031 Investments, she guides clients in deferring capital gains taxes through strategic DST placements. She is licensed in both Florida and California and holds Series 22 and 63 securities licenses, with expertise spanning self-storage, medical office, and multifamily assets. Jennifer’s commitment to the industry extends beyond client work—she actively advocates for 1031 Exchange benefits as a member of the Federation of Exchange Accommodators, including lobbying efforts on Capitol Hill. In 2022, she earned the prestigious Certified Commercial Investment Member (CCIM) designation, reflecting her high level of professionalism, ethical standards, and deal-making skills. She currently serves on the Board of Directors for the CCIM West Coast District in Florida. Originally from Florida, Jennifer spent 17 years in California before returning to her home state, where she now resides in Tampa. A University of Miami alumna with a background in Biology and Public Relations, she stays active in her local community, supports charitable causes, and enjoys exploring the outdoors with her Jack Russell Terrier, Sierra..