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The Best Ever CRE Show

JF3271: Dave Foster — The Ultimate Guide to the 1031 Exchange: Creating a Lifetime of Tax-Free Wealth

Aug 19, 2023
Dave Foster, CEO of The 1031 Investor, shares valuable strategies for using the 1031 exchange to increase wealth. Topics include maximizing tax saving strategies, swap and drop technique, entity transfer, land banking, and the benefits of utilizing a 1031 exchange. Dave emphasizes the importance of educating finance professionals about 1031 exchanges and offers accessibility for strategizing. Learn how deferring taxes can lead to long-term wealth building.
42:48

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Education is crucial in navigating 1031 exchanges and utilizing them as a vehicle to reach financial goals.
  • Utilizing 1031 exchanges can lead to substantial tax savings and wealth accumulation over time with strategic planning and available opportunities.

Deep dives

TechVesture offers passive investment opportunities in short-term rentals

TechVesture provides accredited investors the chance to passively invest in the short-term rental market, with over 100 profitable properties yielding high cash flow and double-digit annual returns.

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