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Podcast: BiggerPockets Real Estate Podcast
Episode: 1031 Exchange Deep Dive: What to Know and Mistakes You MUST Avoid w/Expert Ryan Finch
Description: The 1031 exchange is a strategy that helps investors build more passive income, with fewer properties, all while avoiding the tax man. While many real estate investors know about this strategy, only a few of them know it well enough to pull it off. The rules are simple; sell a property, buy another property with the proceeds, and pay no capital gains tax. But, this is far easier said than done, and it’s much easier to make mistakes than most people think. Even our real estate hero, David Greene, had a 1031 exchange go awry.To clear up th...