Once You Sell, It’s Too Late: The 1031 Exchange Mistakes Investors Regret Most with Scott Saunders
About this episode
Scott Saunders discusses critical mistakes investors make with 1031 exchanges and how to leverage them for portfolio growth.
If you're selling property without understanding the full benefits of a 1031 exchange, you might be setting a huge chunk of your investment on fire. In this episode, Scott Saunders joins Russ and Joey to discuss the critical mistakes investors make when selling properties and how they can affect your wealth. Scott, a 1031 exchange expert, shares his decades of experience in navigating this often-overlooked tax-saving strategy. He explains the real cost of not using a 1031 exchange, with taxes potentially eating up 30–50% of your property’s equity. But it’s not just about avoiding taxes. It’s about smart, strategic investing. Scott explains that knowing the right time for a 1031 exchange and how to structure it properly can help diversify your real estate portfolio. He also shares his best and worst experiences with the 1031 exchange process. Learn how you could make your next property sale an opportunity for growth. Top three things you will learn: -How to avoid tax losses when selling a property -The key mistakes investors make in 1031 exchanges -How to leverage 1031 exchanges for portfolio growth About Our Guest: Scott Saunders has an extensive background in IRC 1031…
People in this episode
Hosts: Russ Morgan, Joey Muré
Guest: Scott Saunders
Topics covered
- 1031 exchange
- real estate investing
- tax strategies
- investment mistakes
- portfolio growth
Mentioned in this episode
Organizations: IRC
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