Going Long Podcast Episode 387: Combining Exchanges and Exemptions to Turbo-Boost Your Investing Success - Dave Foster

( To see the Video Version of today’s conversation just CLICK HERE. )

In the conversation with today’s guest, Dave Foster, you’ll learn the following:

• [00:28 - 02:04] Show introduction with comments from Billy.

• [02:04 - 05:15] Guest introduction and first questions.

• [05:15 - 11:14] The backstory and decisions made that led Dave to this point in his journey.

• [11:14- 15:47] Dave shares how he came to find out about the 1031 Exchange, and the most important things you need to know about it.

• [15:47 - 18:34] Dave tells us about the inspiration behind his book, Lifetime Tax Free Wealth, and what you can learn from reading it.

• [18:34 - 22:18] We find out about another useful tax code, the 121 Exchange.

• [22:18 - 24:28] Dave shares the mechanics of how you can get these tax strategies working for you, and whether you can do it on your own or need to find intermediaries to assist with the process.

Here’s what Dave shared with us during today’s conversation: 

• Where in the world Dave is currently based: St.Petersburg, Florida.

• The most positive thing to happen in the past 24 hours: The Tampa Bay Buccaneers beat the Philadelphia Eagles to go through to the playoffs! And Dave also sat down for a wonderful meal with his loving family!

• Favourite place in Europe: Montenegro.

• A mistake that Dave would like you to learn from so that you don’t have to pay full price: It’s not about the money you make, but what you keep!

• Book Recommendation: Whatever Happened to Penny Candy, by Richard Maybury. - https://www.amazon.co.uk/Whatever-Happened-Penny-Candy-Explanation/dp/0942617622 

Be sure to reach out and connect with Dave Foster by using the info below:  

• Website: https://www.the1031investor.com/ 

• Dave’s Book - Lifetime Tax Free Wealth:  https://www.amazon.co.uk/Lifetime-Tax-Free-Wealth-Investors-Exchange-ebook/dp/B0C6RFQZ8M 

To see the Video Version of today’s conversation just CLICK HERE.

How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI  

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