EPISODE · Oct 20, 2022 · 50 MIN
Capital Gains Tax Deferral through 1031 Exchange with Dave Foster
from Life and Money Show · host Goodegg Investments
How reverse 1031 exchange worksWhat is the timing on 1031 exchangeThe ins and outs of 1031 exchangeHow the ‘Lazy 1031’ a powerful tax strategy Reverse exchange vs. regular 1031 exchange The Life & Money Show Spotlight:Your Life & Money: What is one thing you're doing to live a meaningful and intentional life by design?Other's Life and Money: What is one life or money hack that you can share that will make an impact in others' lives right now? Life & Money in the World: What's the one thing you're doing right now to make the world a better place? RESOURCES/LINKS MENTIONEDWhatever Happened to Penny Candy by Richard J. Maybury | Paperback The Clipper Ship Strategy by Richard J. Maybury | Paperback ABOUT DAVE FOSTER Dave Foster is a true veteran in the real estate investment world. He first ventured into real estate investing as a way of chucking his 9 to 5 job and allowing himself the freedom to travel and live his life without corporate obligations. Passive real estate income has allowed him to explore and adventure, without the need for full-time, hands-on management. Though he made a decent profit, he was frustrated by government taxing and only retaining limited gain. However, through using 1031 exchange or through moving into his real estate investments, he was able to maximize profits and build his real estate empire across four sites without paying a penny in capital gains tax. CONNECT WITH DAVEWebsite: The 1031 Investor CONNECT WITH US To connect with Annie and Julie, as well as with other Investing For Good listeners, and to get the latest scoop on new and upcoming episodes, join Life and Money Show Podcast Community on Facebook. To learn more about real estate syndication investment opportunities, join the Goodegg Investor Club. Be sure to also grab your free copy of the Investing For Good book (just pay S&H)-- Thanks for listening, and until next time, keep investing for good! Learn together, cheer each other on, and pursue financial wellness alongside others who value living life by design. Join for free at https://goodegginvestments.com/invest Invest with us – check out our current investment opportunities here: https://goodegginvestments.com/deals --Connect with GoodeggWebsite - https://goodegginvestments.com/YouTube - @GoodegginvestmentsInstagram - @goodegginvestments
What this episode covers
Is the success of your real estate investments being limited by taxes? In this episode, Dave Foster walks us through the complexities of the 1031 exchange and how you can use capital gains and tax funds to enhance your real estate holdings. Stay tuned and get started on achieving your financial and personal goals today!
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Capital Gains Tax Deferral through 1031 Exchange with Dave Foster
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