Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

387: How To Make Millions With 1031 Exchanges

387: How To Make Millions With 1031 Exchanges

FromGet Rich Education


387: How To Make Millions With 1031 Exchanges

FromGet Rich Education

ratings:
Length:
39 minutes
Released:
Mar 7, 2022
Format:
Podcast episode

Description

The greatest tax gift that your government gives real estate investors could be the 1031 Like Kind Exchange. This allows you to defer your capital gains tax and depreciation recapture. There is no limit to the number of times that you can do this during your lifetime. You can make millions more with 1031 Exchanges. But there are some specific rules to follow, like the 45-day identification period and 180-day timeframe in which to close upon replacement property. You must use a Qualified Intermediary (QI) to facilitate your exchange. Learn the pitfalls that nullify one from doing an exchange.  This is a highly educational show.  Resources mentioned: Show Notes: www.GetRichEducation.com/387 Get started with a 1031 Exchanges: www.GREmarketplace.com/1031 Sign up for our free “Don’t Quit Your Daydream” newsletter: www.GetRichEducation.com/Letter Get mortgage loans for investment property: RidgeLendingGroup.com or call 877-74-RIDGE JWB’s available Florida income property: CashFlowAndGrowth.com To learn more about eQRPs: text “EQRP” in ALL CAPS to 72000 or: eQRP.co By texting “EQRP” to 72000 and opting in, you will receive periodic marketing messages from eQRP Co. Message & data rates may apply. Reply “STOP” to cancel. New Const. Florida SFHs & multifamilies: www.B2Rdirect.com Best Financial Education: GetRichEducation.com Get our free, wealth-building “Don’t Quit Your Daydream Letter”: www.GetRichEducation.com/Letter Top Properties & Providers: GREmarketplace.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold
Released:
Mar 7, 2022
Format:
Podcast episode

Titles in the series (100)

This show has created more financial freedom for busy people like you than nearly any show in the world. Wealthy people's money either starts out or ends up in real estate. But you can't lose your time. Without being a landlord or flipper, you learn about strategic passive real estate investing to create wealth for yourself. I'm Show Host Keith Weinhold. I also serve on the Forbes Real Estate Council and write for Forbes. I serve you ACTIONABLE content for cash flow on a platter. Our bottom line in real estate investing together is: “What’s your Return On Time?” Where traditional personal finance merely helps you avoid losing, you learn how to WIN. Why live below your means when you can expand your means? Since 2002, international real estate investor Keith Weinhold owns multifamily apartment buildings to single family homes to agricultural real estate. New episodes are delivered every Monday.