David Gorenberg, JD, CES, is a seasoned expert in 1031 Exchange transactions, focusing on Section 1031 of the Internal Revenue Code and related investment property solutions like Tenant-In-Common (TIC) and Delaware Statutory Trust (DST) properties. He serves as the Director of 1031 Exchange Education, where he educates various professionals nationwide through Continuing Education classes on topics including the intricacies of Section 1031 Exchanges and other real estate investment and tax strategies.David has a rich background in the field, having developed and led the 1031 Exchange service at Citibank, which significantly contributed to the bank's annual deposits. He also held a leadership role at Wilmington Trust and has been involved with other national Qualified Intermediaries. His legal career includes managing his own law practice focused on business and real estate transactions, and he has been actively involved in guiding clients through 1031 Exchanges since 1992.He has presented at numerous prestigious institutions and professional associations, including The Wharton School and the National Association of REALTORS®, and has appeared on various public education programs. David is a past president of the Federation of Exchange Accommodators and has held positions on several professional and civic boards.David holds a law degree from Widener University, where he graduated cum laude, and a Bachelor’s Degree from Rider University. He is currently based in Accruit's Philadelphia office and is actively involved in the CREW Network in Philadelphia.
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CHAT NOWBecause the 1031 Exchange rules permit owners to use the property part of the year, exchangers can have a cash-flowing, appreciating investment that also serves as their semi-permanent vacation property.
Learn how a 1031 Improvement Exchange can enable a value-add real estate investment strategy while also deferring capital gains taxes.
Review some common 1031 exchange examples and take advantage of our profit-generating ideas to use the 1031 Exchange to make your property portfolio more profitable.