3 Things to Keep in Mind Before You Carry Out a 1031

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In the world of real estate investing, 1031 exchanges are a popular way to delay paying capital gains tax and maximize profits.

But there’s a reason many call it the death tax… 

Once you opt for a 1031 exchange, the money invested can be locked away for a very long time. 

That’s why today, I’m sharing 3 things you need to keep in mind before you carry out a 1031!

If you want to protect your money and make responsible financial decisions, this episode is for you. 

Tune in! 

Key Takeaways: 

• 00:00:00 Intro 
• 00:00:34 Are you ready to kiss that cash goodbye forever?
• 00:01:19 What is your financial stability behind that cash? 
• 00:02:44 There are always options out there 
• 00:04:20 Potential pitfalls of mismanaged 1031 strategies 
• 00:05:40 My final piece of advice

Additional resources: 

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On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

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