NARPM Radio 1031 Tax Exchange Demystified: A Must-Listen Episode for Property Management Professionals
16 snips
Mar 1, 2023 AI Snips
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Episode notes
Brett Swarts' Personal Journey
- Brett Swarts shares his personal journey from real estate investment struggles to becoming a capital gains tax deferral expert.
- His early challenges inspired him to help others avoid huge capital losses through better tax strategies.
Plan Before Selling
- Clarify your motivations and goals before selling a business to align strategy with purpose.
- Reverse engineer your exit plan by defining numbers, time, and team needed to achieve your ideal outcome.
Use Deferred Sales Trust
- Use the Deferred Sales Trust to defer capital gains tax on sales of businesses and various assets.
- It offers more flexibility and applies beyond real estate unlike the 1031 exchange.