WS1560: Opportunities For Diversification | #Highlights

Business diversification is a good way to ensure that you can weather a storm when there is one. In today’s #Highlights episode, we look back at our conversations with Brett Swarts and Hugh Odom who give real estate entrepreneurs options on how they can diversify their income stream.Brett talks about the Deferred Sales Trust and how it offers a more flexible way to defer tax by acting as the middleman in transactions and allowing the seller time to choose what to invest in next. Meanwhile, Hugh breaks down which commercial real estate properties are prime candidates for a cell tower lease, and most importantly, he will tell us how we can avoid a $1,000,000 mistake. Enjoy the show!Key Points From This Episode: How the Deferred Sales Trust modifies the IRC 1031 method.Property owners usually face tax problems when they are looking to sell.How the Trust gives sellers the freedom to bide their time before reinvesting.The capital is locked up in the Baby Boomer generation, and how to unlock it.How the Deferred Sales Trust benefits syndicators through rolling tax into a new dealGetting to know Hugh Odom and his telecom consulting firm Vertical Consultants.Which commercial real estate properties are prime candidates for a cell tower?How do we know if our property can be considered a cell tower site?Hugh tells us how to avoid making mistakes when an opportunity for a cell tower lease comes.Hugh shares how to make a cell tower lease agreement a win-win situation for both the landowner and telecom provider.Tweetables:“We use a Deferred Sales Trust, which is just an installment sale, creative installment sale, to give them tax deferral, liquidity, and diversification. The best thing is the ability to buy or invest in other commercial real estate deals at an optimal timing so that they can create and preserve more wealth, and as a commercial real estate syndicaAfter interviewing thousands of entrepreneurs, one truth is clear: business success means little if it costs your marriage, family, or faith.I'm now hosting the Courageous Men podcast for men who want to lead well at home and at work. I'm looking for five men to walk closely with who want to lead well at home and work.  Email me at [email protected] and tell me why you should be one of the five. whitneysewell.com  VISIT OUR WEBSITEhttps://lifebridgecapital.com/Here are ways you can work with us here at Life Bridge Capital:⚡️START INVESTING TODAY: If you think that real estate syndication may be right for you, contact us today to learn more about our current investment opportunities: https://lifebridgecapital.com/investwithlbc⚡️Watch on YouTube: https://www.youtube.com/@TheRealEstateSyndicationShow📝 JOIN THE DISCUSSIONhttps://www.facebook.com/groups/realestatesyndication➡️ FOLLOW UShttps://twitter.com/whitney_sewell https://www.instagram.com/whitneysewell/ https://www.linkedin.com/in/whitney-sewell/ ⭐ Be Our Guest!We are continuously working hard to help our listeners with their journey to real estate syndication. If you think you can add value in any way to our listeners who are in commercial real estate, then we’d love to have you over. Apply here: https://lifebridgecapital.com/join-our-podcast/