Episode 120: How the Wealthy Use 1031 Exchanges to Grow Their Portfolios | Michael Velasco

1031 exchanges are an eternally hot topic in real estate investing - but this tax code can stump even seasoned investors. That's why Michael Velasco, Certified Exchange Specialist® and Qualified Intermediary for Exchangeable, broke down this re-investing strategy with Adam Hobson and Spencer Sutton. Contact Michael by emailing [email protected] or visiting his company, Exchangeable, online. What you'll learn: Why investing your time and even your money to learn from local mentors pays dividends The rules for leveraging a 1031 exchange like an advanced investor What it means for real property to be like kind How 1031 exchanges allow you to "swap 'til you drop" The biggest mistake investors make when conducting a 1031 exchange Who Should Listen: 📈 Aspiring flippers who want to avoid falling victim to beginner mistakes 💰 Experienced investors who are interested in pivoting to house flipping 🎧 Anybody who wants to generate wealth through real estate investments =================================== Connect with Matt and Spencer at Evernest: Evernest.co Hosts: Spencer Sutton and Adam Hobson Guest: Michael Velasco, Certified Exchange Specialist® and Qualified Intermediary for Exchangeable | Email Michael Visit the Podcast Website: Evernest.co/podcasts Email the Show: [email protected] =================================== Production House: Flint Stone Media Copyright of Evernest 2025.