Mr. Gustafson was raised in West Lafayette, Indiana and graduated from Vanderbilt University with a Bachelor of Arts in Economics in 1978. For thirteen years, he worked in electronics distribution and manufacturing and twelve years in the Enterprise Resource Planning (ERP) manufacturing software market improving operating efficiencies for manufacturers in North, Central and South America.
In 2003, Mr. Gustafson co-founded and was President of Old South 1031 Exchange Services, LLC located in Destin, Florida. Real estate was the primary asset exchanged accounting for over 400 forward, reverse, build to suit, leasehold improvement exchanges representing over $600 million in real property. As an approved continuing educational provider of professional education programs in Florida, he has instructed hundreds of Realtors, Attorneys, and CPAs on the Internal Revenue Service §1031 tax deferred exchange.
In 2006, Mr. Gustafson qualified and received the professional designation of Certified Exchange Specialist® (CES®) created by the Federation of Exchange Accommodators to set a standard of 1031 accommodator excellence. The CES® recognizes his expertise and commitment to providing clients with prudent investment standards and procedures ensuring security and compliance with IRS 1031 regulations. He later founded Atlas 1031 Exchange, LLC expanding services into Texas and the Midwest. His work is largely based upon referrals from Clients, Realtors, CPAs, Attorneys, Title Companies, Lenders, Bankers and Financial Planners. He has spoken to hundreds of investors at Wealth Camps and Real Estate Investment Clubs nationwide and is a sought after speaker on the topic. He specializes in exchanges of oil, gas, water interests, hotel and motel, multi family, aircraft, timberland and like-kind exchange (LKE) programs for companies with a minimum of 100 assets in the transportation, agricultural, technology and oil and gas industries.
In 2009, offices were moved to Zionsville, Indiana, a suburb of Indianapolis where Mr. Gustafson continues to accommodate real and personal property exchanges and provide planning for individuals and companies.
The experienced team assembled to facilitate 1031 exchanges includes:
Certified Exchange Specialist® following prudent investment standards, Code of Ethics, and knowledge of current Internal Revenue Service Revenue Procedures;
Banking Service Providers providing Qualified Escrow Accounts, FDIC security and 24 hour transparency;
Advisory Board comprised of CPAs, Attorneys and Title Companies.
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