Business
Justin R. Kiehne is a Financial Advisor with Fortitude Investment Group, located in Juno Beach, Florida, where Mr. Kiehne resides. Justin's professional career began in the Aerospace Engineering industry, working in gas turbine engine design and analysis, managing technical teams and customer relationships. With his nontraditional background, Justin brings an experienced, analytical perspective and a passion for customer service to bear in which he seeks to meet and exceed customer expectations. At Fortitude, Justin focuses on real estate and tax-advantaged investments, retirement, and estate planning. He prides himself on delivering high-quality, institutional-grade real estate solutions, alternative investment options, and comprehensive, individually tailored portfolios to the retail investor that seeks to diversify investments, manage market volatility, and help maximize income potential. Mr. Kiehne was raised in Annapolis, Maryland, and is an avid Navy Football fan. He holds a Master of Science Degree in Mechanical Engineering from the University of Florida and a Bachelor of Science degree with a Dual Major in Physics and Biology from Dickinson College. A former award-winning lacrosse and track athlete, Justin maintains an interest in weightlifting, golf, lacrosse, and fishing. Justin maintains his series 7 (General Securities License) and series 66 (Uniformed Combined State Law). [00:01 - 05:48] Opening Segment Get to know Justin Kiehne Justin lists what he has been doing in the real estate industry [05:49 - 10:02] What’s New in 1031? Breaking Misconceptions on 1031 Exchanges Reinvesting in another piece of real estate How Capital Gains Tax Deferral affects the 1031 Exchange Market Closer to 10-Billion in Escrow [10:03 - 25:06] Capital Gains Tax Deferral, Reduction, and Elimination Why you should buy triple-net properties in slower markets What is a Delaware Statutory Trust? Where have qualified opportunity zones gone? Qualified Opportunity Zones versus Delaware Statutory Trust Choosing either ground-up development or redevelopment Comparing DSTs and QOZs in Terms of Funding [25:07 - 32:35] Closing Segment Quick break for our sponsors Groundfloor offers short-term, high-yield real estate debt investments to the general public. Check www.passivewealthstrategy.com/groundfloor/ to get started. What is the best investment you've ever made other than your education? Exposure. Justin’s worst investment Taking a shortcut What is the most important lesson that you've learned in business and investing? “You need a short memory.” Connect with my guest. See the links below. Tweetable Quotes: “Deferral is not necessarily elimination.” - Justin Kiehne “If you’re going to hold something for ten years, try to hold brand new development.” - Justin Kiehne “Learn from your mistakes and move on.” - Justin Kiehne ------------ Connect with Justin Kiehne through LinkedIn. Visit their websites https://www.1031dst.com/ and https://www.fortitudeinvestments.com/. Invest passively in multiple commercial real estate assets such as apartments, self storage, medical facilities, hotels and more through https://www.passivewealthstrategy.com/crowdstreet/ Participate directly in real estate investment loans on a fractional basis. Go to www.passivewealthstrategy.com/groundfloor/ and get ready to invest on your own terms. LEAVE A REVIEW + help someone who wants to explode their business growth by sharing this episode or click here to listen to our previous episodes