Send us a Text Message.

Ever dreamt of transforming your financial landscape through real estate investing without the taxman taking a hefty chunk of your profits? Well, Dave Foster, CEO of 1031 Investor, is on the show today to reveal the secrets of the 1031 exchange - a mechanism that can help you defer taxes on profits from highly appreciated properties by reinvesting them into new real estate. Not only will Dave share his personal journey, but he'll also reveal how this method could have saved him from a costly error in his first real estate transaction.

We also delve into the nitty-gritty of property management and the transition to working with the next generation to purchase small multi-family properties. We’ll share our trials and tribulations, and, of course, discuss the importance of not giving tenants an equitable interest in the property. Our conversation will also touch on the delicate art of giving up control and the necessity of delegation to family members. If you've ever felt the tug between maintaining control and trusting the management process to others, this episode is for you.

Lastly, we’ll pull back the curtain on tax-free real estate investing strategies. Drawing from our pool of experience, we’ll talk about utilizing primary residence financing, and making the most of tax-free money. We’ll also share insights on the benefits of buying down interest rates and potential for saving money during the slow season. Whether you’re a seasoned investor looking to up your strategy game, or a beginner looking to enter the market with a bang, this episode is packed full of valuable insights.

Buzzsprout - Let's get your podcast launched!
Start for FREE

Disclaimer: This post contains affiliate links. If you make a purchase, I may receive a commission at no extra cost to you.

Support the Show.

Thanks for Listening! Follow us on Tik TokFacebookandInstagram