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3 Things to Keep in Mind Before You Carry Out a 1031

3 Things to Keep in Mind Before You Carry Out a 1031

FromSTR Unfiltered


3 Things to Keep in Mind Before You Carry Out a 1031

FromSTR Unfiltered

ratings:
Length:
7 minutes
Released:
Apr 25, 2024
Format:
Podcast episode

Description

⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclass 

In the world of real estate investing, 1031 exchanges are a popular way to delay paying capital gains tax and maximize profits.

But there’s a reason many call it the death tax… 

Once you opt for a 1031 exchange, the money invested can be locked away for a very long time. 

That’s why today, I’m sharing 3 things you need to keep in mind before you carry out a 1031!

If you want to protect your money and make responsible financial decisions, this episode is for you. 

Tune in! 

Key Takeaways: 


00:00:00 Intro 

00:00:34 Are you ready to kiss that cash goodbye forever?

00:01:19 What is your financial stability behind that cash? 

00:02:44 There are always options out there 

00:04:20 Potential pitfalls of mismanaged 1031 strategies 

00:05:40 My final piece of advice


Additional resources: 

➡️ Ready to start building STR wealth? 

• Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle
• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy
• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary
• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining

➡️ Learn more about starting an STR business:

• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299
• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost
• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining 
• Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads
• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery

➡️ Grab some FREE resources:

• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking 
• [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma
• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide
• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:
https://buildstrwealth.com/7goldenrules
• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan

➡️ Connect with us:

• Join Our Facebook Group: https://www.facebook.com/groups/284886002732508 
• Check Out Our website: https://buildstrwealth.com/ 
• Bill’s Instagram: https://www.instagram.com/billfaeth73
• Brea’s Instagram: https://www.instagram.com/breafaeth/ 
• TikTok: https://www.tiktok.com/@bfaeth 

On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

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Released:
Apr 25, 2024
Format:
Podcast episode

Titles in the series (100)

Short Term Rentals have been a game-changer for the real estate industry. And no one knows this better than Bill Faeth. As a successful Short Term Rental Investor and Host, Bill has seen firsthand how powerful the Short Term Rental model can be. And now, he's sharing his knowledge with the world through his new podcast, STR Unfiltered. On each episode, Bill breaks down the ins and outs of Short Term Rental Hosting, giving listeners actionable advice that they can use to take their businesses to the next level. Whether you're just starting in Short Term Rentals or looking to take your business to new heights, STR Unfiltered is a must-listen. So what are you waiting for? Tune in today and learn from the best in the business!