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E305: Strategies to Eliminate or Defer Capital Gains Forever - Steven Pesavento

E305: Strategies to Eliminate or Defer Capital Gains Forever - Steven Pesavento

FromThe Investor Mindset - Name Your Number Show [$]


E305: Strategies to Eliminate or Defer Capital Gains Forever - Steven Pesavento

FromThe Investor Mindset - Name Your Number Show [$]

ratings:
Length:
8 minutes
Released:
Apr 11, 2022
Format:
Podcast episode

Description

Looking for a way to reduce your capital gains taxes? In this episode, Steven highlights three strategies that will help you do just that.  Discover how to make full use of the 1031 exchange, Deferred Sales Trust, and Bonus Depreciation approaches.Key Takeaways1031 exchange is a way for you to exchange any one type of real estate for another type of real estateWIth 1031 exchange you can pay no gain and you can pay no taxes You can defer gains and pay no taxes utilizing the Deferred Sales Trust With Deferred Sales Trust, you only pay capital gains when you receive a payment and you can take the money and reinvest it in other opportunities, not just real estateBonus Depreciation allows you to take 100% of that depreciation that's normally over 27 and a half years, all at once.
Released:
Apr 11, 2022
Format:
Podcast episode

Titles in the series (100)

What does it take to succeed when others fail? We explore the stories on Investing that you don’t often hear: The trials and challenges that lead to success and the Mindset it takes to make it. We’ll learn from some of the best investors and entrepreneurs, learning through fire-walking their experiences so we can each setup up our game and be our best self. We focus 80% on the motivation & mindset that leads to success, and 20% on the investing strategies & tactics that get us there. About The Host: Steven Pesavento Real Estate Investors & Entrepreneur has always been obsessed with understanding how we can think better, how we can be better and how we can do better. He fought against those limiting beliefs, that held him back and jumped in to Real Estate with no experience. By modeling the mindset & actions of leaders he looked up to, his Real Estate investing his business exploded, buying 150 houses in his first two years, over $22 Million in real estate transactions. Personal development for real estate investors. Model the top real estate investors, house flippers, multifamily syndicators, wholesalers and landlords. We invite guests from all industries to share their mindset with our incredible community. Join the insider club at: https://TheInvestorMindset.com IG @Investormindset https://Facebook.com/theinvestormindset