19 min listen
EP350: The Immense Power of a 1031 Exchange – Interview with Leonard Spoto
FromInvesting in Real Estate with Clayton Morris | Build Financial Independence
EP350: The Immense Power of a 1031 Exchange – Interview with Leonard Spoto
FromInvesting in Real Estate with Clayton Morris | Build Financial Independence
ratings:
Length:
29 minutes
Released:
Aug 9, 2018
Format:
Podcast episode
Description
A 1031 exchange is a powerful tool that allows an individual to save on taxes after the sale of a piece of real estate. Doing so allows the investor to keep more money in their pocket, and defer all capital gains taxes. However, the IRS has set forth stringent rules about how a 1031 exchange must be conducted. On this episode, Leonard Spoto from Asset Exchange Company is back to share the four basic guidelines of a 1031 exchange, and why this program is so beneficial for real estate investors. We’ll outline the basics of how to qualify, as well as the crucial steps involved in a successful 1031 exchange. Don't miss episode 350 of Investing in Real Estate! Book a call with our team: https://goo.gl/dezwHT Show notes: http://morrisinvest.com/episode350
Released:
Aug 9, 2018
Format:
Podcast episode
Titles in the series (100)
EP141: Rich People Buy Assets: Book a call with our team: https://goo.gl/dezwHT Some books are worth rereading from time to time, and there are two written by Robert Kiyosaki that fit the bill. It can be easy to fall back into old habits, and I have found that these two books are... by Investing in Real Estate with Clayton Morris | Build Financial Independence