AIPIS 263: Buying Real Estate with Tax Deferred Capital Gains by Dino Champagne

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Today's show is all about helping you grow your real estate portfolio as tax free as possible. When you are ready to sell one property and purchase other ones with the proceeds there's no need to pay capital gains taxes at that time when you have a vehicle like a 1031 exchange. Join Jason Hartman and Dino Champagne, Los Angeles Division Manager & VP at Asset Preservation Incorporated, as they discuss the strategies, the complexities and the savings that 1031s can provide.

Key Takeaways:

[3:17] How a 1031 Exchange works

[5:51] Try and avoid a reverse exchange as best you can, because they can get real tricky and lendors aren't fans of them

[7:48] The 45 and 180 day timeframe of a 1031 exchange

[10:37] The 3 different ways you identify properties in a 1031 exchange

[14:59] How much money can a 1031 exchange actually save you and your heirs? It's pretty astounding

[20:18] 1031 exchange accomodators aren't highly regulated, which has led to some scams over the years. What questions do you need to ask when you're searching for one?

[24:19] Changes the new tax law has made on 1031 exchanges

[26:50] Are Opportunity Zones overhyped?

[32:23] With Opportunity Zone investing being so new, vetting the sponsor of the deal is more important than ever

Website:

www.APIExchange.com

www.JasonHartman.com/Masters

261 episodes available. A new episode about every 8 days averaging 25 mins duration .