Maximizing Tax Savings with Section 1031 Like-Kind Exchanges

Chet Mellema

With a juris doctor from the University of Iowa College of Law, where he served as a student writer and Note & Comment Editor for the Journal of Corporation Law, Chet also holds a bachelor’s degree in finance from Drake University and a Business Leadership Certificate from Drake’s College of Business and Public Administration. Chet is a member of the Iowa State Bar Association, serving several terms on the Real Estate & Title Section Council, the American Bar Association, the Iowa Commercial Real Estate Association, and the Federation of Exchange Accommodators. He brings over 16 years of private practice and corporate legal experience to IPE 1031, with concentrations in real estate, business, and debtor/creditor law. Chet is a contributing editor to the Iowa State Bar Association Income Tax Manual, holds the designation of Certified Exchange Specialist (“CES®”), and regularly speaks on the topic of 1031 for realtors, accountants, attorneys and similar professionals.

Becky Petersen

Also the President of IPE Closing & Escrow, Becky received her law degree, with honors, from Creighton University and served on the Creighton Law Review. Becky holds a bachelor’s degree in finance from the University of Northern Iowa. Prior to joining IPE in 2011, she served as Field Operations Director and Commercial Underwriting Counsel for Iowa’s Title Guaranty program and managed escrow operations for Title Guaranty’s Commercial Services Department. Becky is a member of the Iowa State Bar Association, where she previously served on its Real Estate Section Council, the Iowa Commercial Real Estate Association, the Realtors Land Institute, and the Federation of Exchange Accommodators. She holds the designation of Certified Exchange Specialist (“CES®”) and regularly lectures on the subject of Section 1031 for accounting, legal and real estate associations.