1031 Exchange Explained: Save Big on Taxes Now! w/ Benjamin Carmona

Discover how you can save big on taxes with the power of the 1031 exchange! In this episode, real estate expert Benjamin Carmona shares actionable insights on leveraging 1031 exchanges to transition from active to passive real estate investing, preserve wealth, and unlock generational opportunities.🎯 What you'll learn in this video:The basics of 1031 exchanges and how they help defer taxes on investment property gains.How Perch Wealth specializes in passive investment structures like Delaware Statutory Trusts (DSTs).Strategic advice to optimize your real estate investment portfolio and reduce management burdens.The importance of diversification to protect and grow your wealth in today’s uncertain market.Real-life success stories of clients transforming their financial futures with innovative strategies.💡 Motivational Quote: "The most powerful tax strategy is the one that allows you to build generational wealth while freeing up your time to live your life."📌 Connect with Benjamin Carmona! Visit Perch Wealth at perchwealth.com to explore how their team can help you achieve financial freedom through smart real estate investing.🎧 Subscribe to the REI Mastermind Network PODCAST for more expert advice, insider tips, and actionable strategies in real estate investing. Don’t forget to like this video, share with fellow investors, and join the community to stay ahead in building generational wealth!📣 SUPPORT THE SHOW! Help us bring more content like this by subscribing, leaving a review, and sharing this episode with friends who are serious about real estate investing.Take the next step to secure your financial future with smart real estate investment strategies! Hit that subscribe button and start building your generational wealth today. 🚀#duediligence #realestatecoach #propertymanagement #realestatesyndication #1031exchangevsdeferredsalestrustCHAPTERS:00:00 - Intro00:19 - How Benjamin Got Into Real Estate01:19 - Overview of Perch Wealth05:25 - 1031 Exchange Basics07:31 - Identifying Properties for 1031 Exchange11:36 - Roles of Your Real Estate Team14:15 - Impact of the Pandemic on Real Estate19:05 - Biggest Wins in Real Estate22:30 - Most Expensive Lessons Learned24:40 - Success Story in Real Estate26:55 - Topics We Missed30:08 - Lies Real Estate Investors Tell Themselves30:22 - Advice to Younger Self30:43 - Book Recommendations31:10 - Time-Saving Business Tools31:40 - Connect with BenjaminRealDealCrew.comWe empower real estate investors by optimizing your business processes through customized automation and system integration. From lead management to deal closure, we help you build a scalable and efficient operation. Learn more at RealDealCrew.comLIKE • SHARE • JOIN • REVIEWWebsiteApple PodcastsYouTubeYouTube MusicSpotifyAmazon MusicFacebookTwitterInstagramSUPPORT THE SHOW!If you are new to Wealthfront, and open a Cash Account, you'll get a 0.50% APY boost for 3 months.Open an Automated Index Investing Account or Automated Bond Portfolio, you'll earn $5,000 managed for free.Get $10 and Reduce Your Business Costs by Shopping at AppSumo • https://bit.ly/reiappsumoGet $10 Towards Your First Purchase at Drop • https://drop.com/?referer=3DC729