
This episode discusses the benefits and common misconceptions of 1031 exchanges in real estate investing.
What's the hack that most rich people use? 1031 exchanges is on the list! A 1031 exchange done right is one of the most powerful wealth-building tools available to real estate investors. Most people underutilize it because they don't understand it. Listen to this week's episode to better understand what a 1031 is and common myths that could be The last 10 years @mike has worked in acquisitions and investment for MF RE, where has been apart of teams that have underwritten, sourced and managed over $1B in RE and most recently was educating the masses on 1031's during his time with a qualified intermediary company. We discuss: What to look out for in 1031’s Common Misconceptions The best questions to ask your QI What fees and additional costs should investors expect when facilitating a 1031 exchange, and how can they minimize them How the holding structure affects the exchange process, and what flexibility exists for complex scenarios Longevity of 1031’s How investors can align a 1031 exchange with their long-term goals DISCLAIMER: This podcast is for informational and educational purposes only and does not constitute financial advice. Please consult with a qualified financial…
Host: Bela Carrasco
Guest: mike
Organizations: qualified intermediary company
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