Manage episode 226611386 series 1058770
A 1031 exchange is a powerful tax-deferral tool that allows an individual or business to save capital gains after the sale of an asset. This program allows real estate investors to sell a rental property, and then reinvest the funds in another property. As a real estate investor, a 1031 exchange is one of the most powerful tools you can utilize for building wealth and saving on taxes!
On today’s episode of Investing in Real Estate, I’m sharing 5 powerful benefits of using a 1031 exchange. You're going to learn tips for saving on taxes, portfolio growth, and how to build legacy wealth. To learn more about utilizing a 1031 exchanges, listen in to episode 426!
This episode of Investing in Real Estate is sponsored by Fund&Grow. Fund&Grow helps investors access business lines of credit with 0% interest. For $500 off your startup fee, visit morrisinvest.com/funding.
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