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1031 Exchange: Sweet Deal for Retiree and His Cash Flow
Manage episode 238742900 series 1248804
Our guest today was already retired when he found Real Wealth Network. He lives in California and had one rental property in Texas that he was managing himself. That was putting a damper on his fun years so he decided to exchange that one property for three rental homes in Ohio that he doesn't have to manage. What was a burden suddenly became an asset with a handsome cash flow. Find out how he did it on today's episode. You'll also find more information on how to do a 1031 exchange here (link). https://www.realwealthnetwork.com/learn/how-to-do-a-1031-exchange-rules-definitions/
531 episodes
Manage episode 238742900 series 1248804
Our guest today was already retired when he found Real Wealth Network. He lives in California and had one rental property in Texas that he was managing himself. That was putting a damper on his fun years so he decided to exchange that one property for three rental homes in Ohio that he doesn't have to manage. What was a burden suddenly became an asset with a handsome cash flow. Find out how he did it on today's episode. You'll also find more information on how to do a 1031 exchange here (link). https://www.realwealthnetwork.com/learn/how-to-do-a-1031-exchange-rules-definitions/
531 episodes
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