Firenation - The Best Way to Start a Fire

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Dave: If you go to the ten 31 investor dot com, back slash e o fire we're going to give you 50 dollars off your first on line order for ten one exchange with us. That's your first start on a lifetime of financial freedom using realistate.com. Visit the mastery journal so you can masterpo activity, discipline and focus in a hundred days. Reclaim your health and arm your mune system with convenient daily nutrition. Get a free one year supply of immune supporting viteman d and five free travel packs with your first purchase at athletic greens dot com. Slash j l d. Listen to business made simple wherever you get your potgas.

Dave Foster is the founder and CEO of The 1031 Investor. He is a degreed accountant and serial real estate investor who is a qualified intermediary and consultant for tax saving strategies such as the 1031 exchange and the section 121 homestead exemption. He started fixing and flipping in the 90s and realized that about 40% of his profits were going directly to the IRS. Dave tells us about the updated rules and regulations around using the1031 exchange to legally compound your tax interest that will stay with you instead of going straight to the government.

Top 3 value Bombs:

1. The IRS wants you to do this 1031 exchange. It’s nothing out of ordinary. They are encouraging investing in real estate. The key component is that for 1031 exchange allows you to harness compound interest.

2. The positive side of 1031 is that you can use it to move real estate anywhere you want in the country, of any type, and any nature.

3. People will use the 1031 exchange to sell from a highly appreciated environment to an environment where they’ll get more cash flow.

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