14 01 kreia newsletter jan14press

Vol 14‐01 Monthly Newsletter for KREIA Members

President’s Letter

President’s Message

page 1

GENE DYSON’s Story ED Melton Award 2013 page 3

It amazes me how many investors don’t plan for their future. “An idiot with a plan is 100 times more likely to be successful than a genius without a plan.”

page 4

Dennis Erhard Are you ready for what’s I spent 1 day in early December looking at what my companies had accomplished during 2013.

Even more important my real estate CPA was present for 2 hours of this meeting of the minds.

Mentor Program

Why did we do this? After 90 minutes he said, “Go spend a lot of money before the 31st or Uncle Sam will be deep into my pockets.”

December Meeting Photos

Enroll Now! page 10

Tax Update Articles

by Mike Grinnan CPA pages 5,6,7

LOTS Program & Calendar page 8

As a trained investor my first reaction was spend money! NO WAY! Not going to happen! It didn’t take long to figure out I was going to spend . New trucks, new equipment, doesn’t matter, just do it before 31st . The lesson I learned is I’m usually not the smartest person in the room!

Year to step is always tax laws change in January.

Don’t miss our very own Mike Grinnan CPA specializing in Real Estate.

He’ll teach you how to spend your money and when not to.

“It’s not how much money you make, it’s how much you get to keep that matters.”

Welcome New Members!

Page 4

Government Affairs Update page 8

Saturday Workshop!

Alternative Financing in Today’s Market March 1, 2014 page 9

P.S. Christmas party was awesome, thanks to all who planned and volunteered.

Dennis Erhard KREIA President

Quote of the Month: “If you don’t build your dream, someone else will hire you to help them build theirs.” Dhirubhai Ambani

Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

KREIA Newsletter

President Dennis Erhard

Vice President Frank Miller

Secretary Treasurer Treasurer Elect Chris McCarty Mike Grinnan CPA Fred Helm

Board of Directors

Mike Butler

Tamara West

George Foree

Duffy Ford

Eric George

Dan Jones

Jean Hall

Mark Hass

Fred Butler

Rue McFarland

Wally Kallbreier

published monthly and serves both as a newsletter and a reminder notice of your upcoming monthly meeting.

KREIA is a member only association focused on education, networking, and resources for today’s investor and to educate real estate investors from the basics to the complex. We are an excellent choice for all levels of investors. Whether you are just starting out in real estate investing, or are working on your hundredth deal, KREIA can help you learn more, earn more, and have more fun doing it.

To Subscribe to the KREIA Newsletter is simple and easy. Go to KREIA.com and join the Kentuckiana Real Estate Investors Association.

Group Discounts are available.

To Advertise in the KREIA Newsletter To Advertise on KREIA.com To Sponsor A Monthly Meeting To Sponsor A LOTS Program Please contact News@KREIA.com

KREIA Sponsorships Diamond: Full Page Ad + Table + Pre‐ Meeting Speaker Only $995 or $99 mo.

Gold: Half Page Ad + Table + Pre‐ Meeting Speaker Only $499

Silver: ¼ Page Ad Only $299 Parliamentarian Hank Schildknecht

Past President Connie Horsey

Your KREIA Leaders are involved and chair several committees to make KREIA happen every month for you and your fellow KREIA Members.

Get involved with KREIA. You can help with the monthly meetings, L.O.T.S. Program, this newsletter, Saturday Workshops, Government Affairs, Social, Annual Picnic, Marketing, the new KREIA website and more PLUS You Get EXTRA KREIA Points for everything you do!

Get phone and emails of all KREIA members with the new KREIA Online Member Directory.

Reach out and tell them they are doing a great job! (It makes them do more for KREIA!)

Business Card : Ad Only $149 Event Sponsor: Meeting, LOTS,

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Harry Borders, B&B Attorneys

Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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A SPECIAL PRESENTATION HE

D

Congratulations to Gene Dyson, the 2013 recipient of the Ed Melton Award, the recognition given annually at our December meeting to an individual that has contributed to the growth and success of the Kentuckiana Real Estate Investors Association.

Gene was one of the founding fathers of KREIA. As the old‐timers are aware, KREIA was established for graduates of the Lowery‐Nickerson real estate course.

A steering committee was formed of recent graduates of the seminar to organize our group, and Gene served on the committee with several others, including Rue McFarland and Noble Roberts. Gene went on to serve as Vice‐President and later President of KREIA, laying the foundations of our growth.

Each November, the prior recipients of the Award meet for their annual dinner meeting. At that event we discuss those KREIA members that have given so much of their time and effort to our organization and decide who should be honored for their service with this year’s annual award.

Gene was given his award at the December general meeting with ten of the prior recipients looking on.

Among his noteworthy attributes were his service to others in the real estate field ‐ helping new investors as

ELTON

WARD

well as serving on the Fuller Center, enabling those less fortunate than us to become home owners.

Of course, no mention of Gene Dyson longer than 3 paragraphs could fail to mention his self‐proclaimed title as “The Mayor of Fegenbush.” When you farm an area so thoroughly for an extended period of time, it literally grows and becomes a part of you and your identity.

So we thank Gene Dyson for all of his years of service to KREIA. He has given much to our organization, from its beginning to now, and thus we were proud to present him with the 16th annual Ed Melton Award.

Henry Schildknecht Attorney at Law hankatty@gmail.com 502‐893‐4494

2013 Ed Melton Award Gene Dyson And Past Recipients Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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Welcome New Members!

Arjan Manwani Aaron Wolf

Mike Fallot Bryant Willard

No Member Spotlights were submitted Please submit yourself or fellow member

http://kreia.com/submit-member-spotlight

DECEMBER HOLIDAY MEETING

Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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New Year Begins With Delayed Filing Season, Continuing Tax Reform Discussions, And New IRS Leader New year begins with delayed filing season, continuing tax reform discussions and new IRS leader Taxpayers will experience a short delay to the start of the 2014 filing season, but passage of the Bipartisan Budget Act of 2013 averted the possibility of an IRS shutdown in January. The budget agreement, however, did not include any tax provisions, and tax reform must find a new vehicle to move forward in Congress. Meanwhile, the IRS starts 2014 with a new leader, who promised to restore public trust in the agency after a troubled 2013.

2014 filing season To end the October government shutdown, Congress passed a stop‐gap funding bill to keep the IRS and other federal agencies open through mid‐January 2014. Many tax professional groups warned that a government shutdown in January, even for a few days, would result in significant delays in tax return processing and refunds. The Bipartisan Budget Act of 2013 authorizes funding for the federal government for two years.

The start of the 2014 filing season, however, will be slightly delayed because of the October shutdown. The IRS needs additional time to reprogram its return processing systems.

The original start date of the 2014 filing season was January 21, 2014. In December, the IRS announced that the 2014 filing season will start on January 31. The IRS will not process any returns (electronic or paper) before January 31, 2014.

Most business filers can begin filing 2013 returns on January 13, the IRS reported. These include filers of Forms 1120, U.S. Corporation Income Tax Return; 1120S, U.S. Income Tax Return for an S Corporation; and 1065, U.S. Return of Partnership Income. However, the January 13 start date does not apply to business owners that report their incomes on Form 1040. They must wait until January 31.

Tax legislation Many tax reform proposals were introduced in Congress in 2013 but lawmakers deferred action until 2014. The leaders of the House and Senate tax writing committees have both said they want to move tax reform legislation in 2014 but the extent of any reform—and overall enthusiasm in Congress for reform—is unclear. Some lawmakers want a complete overhaul of the Tax Code (the last major tax reform was in 1986); others want to a more piece‐meal approach.

Lawmakers are also divided over whether reform should be revenue neutral or if reform should raise new revenues.

There had been some expectation that the budget agreement would include tax provisions, especially the so‐ called tax extenders. These are popular but temporary incentives, such as the higher education tuition deduction, state and local sales tax deduction, transit benefits parity,

teacher’s classroom expense deduction, research tax credit, and more. The budget agreement negotiators decided not to include the extenders, which have now expired. Congress is likely to extend the incentives retroactive to January 1, 2014.

If you have any questions about the status of an extender, please contact our office.

Looking ahead, President Obama is expected in his State of the Union Address in January and FY 2015 budget proposals to again call for a reduction in the corporate tax rate in exchange for eliminating some business tax incentives. The President made the same proposal last year but it failed to gain traction in Congress. The President is also likely to urge Congress to renew tax incentives that encourage employers to hire military veterans and individuals from economically‐ disadvantaged groups, consolidate some taxpayer penalties, extend enhanced small business expensing (and possibly bonus depreciation) and more. Our office will share details of the President’s proposals as they are released.

New IRS Commissioner In May—after news broke of the IRS selecting applications from conservative groups for tax‐exempt status for extra scrutiny—President Obama appointed Daniel Werfel to serve as Acting Commissioner. The President instructed Werfel to launch a top‐down review of the agency. Since May, several senior IRS executives resigned or retired and Werfel appointed new top managers. Werfel also instituted cost‐ saving measures, such as eliminating employee conferences, curbing employee travel and not paying bonuses. Werfel, however, was never intended to serve permanently at the IRS and President Obama nominated John Koskinen to be Commissioner. The Senate approved Koskinen’s nomination in December.

Koskinen comes to the IRS after serving as the non‐executive chair of Freddie Mac from 2008 to 2011. Previously, Koskinen was deputy mayor ofWashington,D.C.and also was a senior manager at the Office of Management and Budget (OMB). At his confirmation hearing, Senate Finance Committee (SFC) Chair Max Baucus, D‐Montana, called Koskinen “the type of leader we need at the IRS.” SFC Ranking Member Orrin Hatch, R‐Utah, reminded Koskinen that he has a “difficult job ahead” and “it is vital that the IRS maintain its credibility with taxpayers.” Koskinen told lawmakers that “trust is the most important asset the IRS has.”

J. Michael Grinnan, CPA KREIA Treasurer Mike@JMGCPA.com (502) 657‐6333 www.JMGCPA.com

Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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Keeping Good Records For Tax Season And Beyond – Some Guidelines Good recordkeeping is essential for individuals and businesses before, during, and after the tax filing season.

First, the law actually requires taxpayers to retain certain records for a specified number of years, for example tax returns or employment tax records (for employers).

Second, good record is essential for taxpayers while preparing their tax returns. The Tax Code frequently requires taxpayers to substantiate their income and claims for deductions and credits by providing records of various profits, expenses and transactions.

Third, if a taxpayer is ever audited by the IRS, good recordkeeping can facilitate what could be along and invasive process, and it can often mean the difference between a no change and a hefty adjustment. Finally, business taxpayers should maintain good records that will enable them to track the trajectory of their success over the years.

Here you will find a sample list of various types of records it would be wise to retain for tax and other purposes (not an exhaustive list; see this office for further customization to your particular situation): Individuals and Filing status: Marriage licenses or divorce decrees – Among other things, such records are important for determining filing status.

Determining/Substantiating income: State and federal income tax returns – Tax records should be retained for at least three years, the length of the statute of limitations for audits and amending returns. However, in cases where the IRS determines a substantial understatement of tax or fraud, the statute of limitations is longer or can remain open indefinitely.

Paystubs, Forms W‐2 and 1099, Pension Statements, Social Security Statements – These statements are essential for taxpayers determining their earned income on their tax returns. Taxpayers should also cross reference their wage and income reports with their final pay stubs to verify that their employer has reported the correct amount of income to the IRS. Tip diary or other daily tip record – Taxpayers that receive some of their income from tips should keep a daily record of their tip income. Under the best circumstances, taxpayers would have already accurately reported their tip income to their employers, who would then report that amount to the IRS. However, mistakes can occur, and good recordkeeping can eliminate confusion when tax season arrives.

Military records – Some members of the military are exempt from state and/or federal tax; combat pay is exempt from taxation, as are veteran’s benefits. (In many cases, a record of military service is necessary to obtain veteran’s benefits in the first place.)

Copies of real estate purchase documents – Up to $500,000 of gain from the sale of a personal residence may be excludable from income (generally up to $250,000 if you are single). But if you own a home that sold for an amount that produces a greater amount of gain, or if you own real estate

that is not used as your personal residence, you will need these records to prove your tax basis in your home; the greater your basis, the lower the amount of gain that must be recognized.

Individual Retirement Account (IRA) records – Funds contributed to Roth IRAs and traditional IRAs and the earnings thereon receive different tax treatments upon distribution, depending in part on when the distribution was made, what amount of the contributions were tax deferred when made, and other factors that make good recordkeeping desirable.

Investment purchase confirmation records – Long‐term capital gains receive more favorable tax treatment than short‐term capital gains. In addition, basis (generally the cost of certain investments when purchased) can be subtracted from gain from any sale. For these reasons, taxpayers should keep records of their investment purchase confirmations.

Substantiating deductions: Acknowledgments of charitable donations – Cash contributions to charity cannot be deducted without a bank record, receipt, or other means. Charitable contributions of $250 or more must be substantiated by a contemporaneous written acknowledgment from the qualified organization that also meets the IRS requirements.

Cash payments of alimony – Payments of alimony may be deductible from the gross income of the paying spouse . . . if the spouse can substantiate the payments.

Medical records – Disabled taxpayers under the age of 65 should keep a written statement from a qualified physician certifying they were totally disabled on the date of retirement.

Records of medical expenses – Certain unreimbursed medical expenses in excess of 10 percent of adjusted gross income may be deductible.

Current health insurance policy – The new health care law requires most individuals to obtain minimum essential health coverage. If your employer has not provided you with records of coverage because you have your own policy, or for some other reason, you should be able to substantiate the amount of your coverage.

Mortgage statements and mortgage insurance – Mortgage interest, premiums paid toward mortgage insurance, and real estate taxes are generally deductible for taxpayers who itemize rather than claim the standard deduction.

Receipts for any improvements to real estate – Part or all of the expense of certain energy efficient real estate improvements can qualify taxpayers for one or more tax credits.

Keeping so many records can be tedious, but come tax season it can result in large tax savings. And in the case of an audit, evidence of good recordkeeping can get you off to a good start with the IRS examiner handling the case, can save time, and can also save money. For more information on recordkeeping for individuals, please contact my office.

Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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Keeping Good Records For Tax Season And Beyond – Some Guidelines I highly recommend Mike Butler’s “Investor Books Pro System™” with Tenant Tracking. It is the only complete system for investors using QuickBooks Pro and it will save you time and money . Visit http://kreia.com/store to get your KREIA member discount.

Businesses Taxpayers are required by law to keep permanent books of account or records that sufficiently substantiate the amount of gross income, deductions, credits and other amounts reported and claimed on any their tax returns and information returns.

Although, neither the Tax Code nor its regulations specify exactly what kinds of records satisfy the record‐keeping requirements, here are a few suggestions: State and federal income tax returns – These and any supporting documents should be kept for at least the period of limitations for each return. As with individual taxpayers, the limitations period for business tax returns may be extended in the event of a substantial understatement or fraud.

Employment taxes – The Tax Code requires employers to keep all records of employment taxes for at least four years after filing for the 4th quarter for the year. Generally these records would include wage payments and other payroll‐ related records, the amount of employment taxes withheld, reported tip income, identification information for employees and other payees; employees’ dates of employment; income tax withholding allowance certificates (Forms W‐4, for example), fringe benefit payments, and more.

Business income – These would go toward substantiating income, and could include cash register tapes, bank deposit slips, a cash receipts journal, annual financial statements, Forms 1099, and more.

Inventory costs – Businesses should keep records of inventory purchases. For example, if an electronics company purchases a certain number of widgets for resale or a manufacturer purchases a certain number of ball bearings for use in the production of industrial equipment that it manufactures and sells. The costs of these goods, parts, or other materials can be deducted from sales income to significantly reduce tax liability.

Business expenses – Ordinary and necessary expenses for carrying on business, such as the cost of rental office space, are also generally deductible from business income. Such

expenses can be substantiated through bank statements, canceled checks, credit card receipts or other such records.

The cost of making certain improvements to a business, such as through buying equipment or renovating property, can also be deductible.

Electronic back‐up http://Ubackedup.com is a very simple, set it and forget it, back up system with unlimited storage and unlimited computers for your entire family. Use KREIA member discount promo code “wealth008”.

Paper records can take up a great deal of storage space, and they are also vulnerable to destruction in fires, floods, earthquakes, or other natural phenomena. Because records are required to substantiate most income, deductions, property values and more—even when they no longer exist—taxpayers (and especially business taxpayers) should digitize their records on an electronic storage system and keep a back‐up copy in a secure location.

Business taxation can be extremely complicated, and the requirements for recordkeeping vary greatly depending on the size of the business, the form of organization chosen, and the type of industry in which the business operates. For more details on your specific situation, please call our offices.

If and only to the extent that this publication contains contributions from tax professionals who are subject to the rules of professional conduct set forth in Circular 230, as promulgated by the United States Department of the Treasury, the publisher, on behalf of those contributors, hereby states that any U.S. federal tax advice that is contained in such contributions was not intended or written to be used by any taxpayer for the purpose of avoiding penalties that may be imposed on the taxpayer by the Internal Revenue Service, and it cannot be used by any taxpayer for such purpose.

J. Michael Grinnan, CPA KREIA Treasurer Mike@JMGCPA.com (502) 657‐6333 www.JMGCPA.com

Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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Rue McFarland Due to your state government meeting in Frankfort, your Government Affairs Report is a lot larger than normal. Your complete 9 page report can be viewed online at http://kreia.com/govt‐affairs‐jan2014/ Louisville Metro Government

initiative to reduce vacant lots throughout Louisville. Mayor Greg Fischer issued a challenge to citizens ‐ give the city your 1. The Louisville Metro Council continues to review the Land most creative ideas for redeveloping vacant lots and win Development Code revisions brought to them by the Land $38,000 in prize money to carry out that vision.

Development Code Taskforce. GLAR is actively participating The Lots of Possibility competition, funded by a grant from a in the various subcommittees dealing with design review process, fair and affordable housing and others. The first set local foundation, seeks ideas from individuals or groups to of proposed revisions has been passed by the Metro Council. take one or more eligible vacant lots owned by the The second set of proposed revisions is still being finalized by Louisville/Jefferson County Landbank Authority and the the full committee and will continue throughout January Urban Renewal Commission and put them into productive 2014. GLAR continues to actively participate and follow use. these revisions. Currently, the Transportation Subcommittee It's part of a broader strategy as the city works to implement is presenting its recommendations to the taskforce and the policies and plans to reduce the number of vacant and next meeting of the Taskforce is Tuesday January 2151 at abandoned properties that dot the city, with a high 3PM at Metro Development Center. concentration in Western Louisville. The city has identified 2. On Tues. Jan. 7, at 10:30 a.m. Louisville Metro Mayor Greg more than 6,000 vacant properties and has been…

Fischer held a news conference to announce details of an ‐‐‐‐ continued at http://kreia.com/govt‐affairs‐jan2014/

Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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Eddie Speed’s

LTERNATIVE INANCING OR ODAY S CONOMY

Doors Open 8:30am Class 9am‐4pm INCLUDES HOT LUNCH BUFFET!

Saturday, Mar 1st, Wildwood Country Club, 5000 Bardstown Rd. Louisville, KY 40291 FEBRUARY 27TH MEETING FEATURED SPEAKER JOE VARNADORE What You Will Learn Saturday with Joe  See case studies of real deals showing you how our students are closing hundreds of deals!  Understand why Non‐Performing Notes are the New REO  Sell landlords loaded rentals using our innovative 50/50 model that will have you making lump sum cash now and long term monthly cash flow  That you can profit while significantly helping people suffering from the mortgage meltdown  Make cash flow like a landlord without the hassles of being a landlord  Use your IRA or 401k to make tax free‐ often double digit returns  How just one of our students has completed 28 transactions so far this year using little to none of his own money and you can do the same  Why note investors are making double digit return on investments right now  How to purchase notes without using any of your own money  Why Fannie Mae, Freddie Mac, HUD and FHA see the note business as the solution to the real estate crisis  How government mandates are driving the business!!  And much, much more!

KREIA Members Only $49 2 for $79 Guests Only $99 $99 at the Door!

www.KREIA.com

Joe Varnadore is a real estate investor, mortgage broker, cash flow specialist, and entrepreneur. At the age of 19, he purchased his first piece of real estate. Since then, Joe has started and sold numerous businesses and truly believes in creating multiple streams of income. Joe has his real estate and mortgage broker licenses and has been buying and selling real estate and debt instruments for many years. He is a published author and an experienced real estate, debt instrument, and small‐business development consultant and lecturer.

Copyright MMXIV Kentuckiana Real Estate Investors Association•PO17592 • Louisville, KY• (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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KREIA’s Brand New 10 Online Mentoring Sessions!

Enroll Anytime – Access 24‐7 1. Why Real Estate? Rue McFarland 2. Online Local Government Resources – Tamara West

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Closings 101 – Harry Borders How to Buy – Dan Jones Wholesaling – Duffy Ford Energy Efficiency – Eric George S.W.A.T. Rehabs – Pete Youngs Landlording – Mike Butler Landlord Tenant Law – Hank Schildknecht Tax Concerns – Mike Grinnan CPA

Members Non‐members $595 Enroll Now! http://kreia.com/mentor

Rick Wardlow, Joe Gribbins, Allee Harmon, Bill Dollinger, Frank Miller Call 502‐489‐5515

http://wardlowauc.com Copyright MMXIII Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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Copyright MMXIV Kentuckiana Real Estate Investors Association • P.O. Box 91225 • Louisville, KY• 40291 (502) 509‐2216 www.KREIA.com DISCLAIMER: KREIA does NOT pre‐qualify, evaluate, endorse, guarantee or warranty any particular deal, service, company, or person. The Kentuckiana Real Estate Investors Association recommends you perform your own due diligence & seek appropriate legal, accounting, or other professional advice before making any investment. KREIA is a Member of National Real Estate Investors Association.

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PO Box 91225 Louisville, KY 40291 Return Service Requested

.com

KREIA’s Monthly Meeting! Thursday

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EETING AIN

Jan 23rd

ENTOR ROGRAM EETING

IKE RINNAN