Partnership Tax Expert, Kaylyn Deaver, and Keith Nelson, Managing Partner of Dual City Investments, discuss the "721 Exchange" as a powerful real estate exit strategy. They explain the concept, benefits, and mechanics of contributing properties to a partnership fund. The speakers compare it to the popular 1031 exchange and emphasize the advantage of recognizing capital gains over a longer period. Learn more at dualcityinvestments.com.
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721 Exchange Basics
Section 721 allows contributing property to a partnership for an interest.
This avoids capital gains compared to selling property and contributing cash.
volunteer_activism ADVICE
Direct Contribution
Instead of selling property and reinvesting, contribute it directly.
Get a partnership interest in exchange, deferring capital gains.
insights INSIGHT
Basis Carryover
The partnership inherits the contributor's property basis.
This includes prior appreciation, affecting future gain allocation.
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In this two-segment episode, Brandon and Thomas bring on Partnership Tax Expert, Kaylyn Deaver, and Managing Partner of Dual City Investments, Keith Nelson, to discuss the powerful tax benefits of the overlooked exit strategy known as the "721 Exchange" and how investors facilitate such transactions.
If you're looking to build long-term tax-advantaged wealth, this is an episode you won't want to miss.
Learn more about Dual City Investments here: www.dualcityinvestments.com
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