257 - 1031 Exchange Goes Wrong with Kay Hightower

In this episode, Kay shares a story about someone getting blown up behind a pharmacy related to a 1031 exchange. Dial in to hear this crazy story and the lessons learned from it. Key takeaways to listen for Definition of 1031 1031 exchange story Qualified intermediaries Selecting an exchange intermediary Resources mentioned in this episode As I Lay Dying About Kay Hightower After purchasing a condo in 2006 for short-term rentals, Kay built a thriving business providing short-term rentals in Oxford, which she continues to operate. Nine years later, she joined her longtime friend's real estate agency Grace Realty Group. Throughout the years, she and her husband have bought and sold properties dozens of times. And finally, in February 2020, she opened her own brokerage: Kay Hightower Real Estate, LLC. Connect with Kay Website: www.kayhightower.com Phone: 662-801-6692 E-mail: [email protected]   Connect with Leigh Please subscribe to this podcast in iTunes or in the Podcasts App on your phone, and never miss a beat from Leigh by visiting https://leighbrown.com. DM Leigh Brown on Instagram or on Twitter or any social networks by clicking here. Subscribe to Leigh's other podcast Real Estate From The Rooftops! Sponsor: If you're tired of doing real estate alone, enroll in  Leigh Brown University and be sure to use your special "CSIRE" discount code at checkout for $10 off your subscription.