Are you maximizing the potential of your real estate investments through 1031 exchanges and Opportunity Zones?
In this podcast, Mike Jesowshek and guest Michael Scherer delve into the intricacies of 1031 exchanges, focusing on various replacement property options, including Delaware Statutory Trusts (DSTs) and Qualified Opportunity Zones. They discuss the advantages of passive investment through DSTs, the strategic importance of planning and consulting with tax advisors, and the potential tax deferral benefits of investing in Opportunity Zones. The conversation emphasizes the need for investors to align their investment choices with their financial goals and the importance of thorough planning.
[00:00 - 04:37] Replacement Property Options and Delaware Statutory Trusts (DSTs) in 1031 Exchanges
[04:38 - 06:17] Direct Real Estate Investment vs. Passive DST Investment
[06:18 - 12:59] Strategies for Maximizing Tax Deferral and Qualified Opportunity Zones as an Investment Avenue
[12:59 - 19:06] Navigating the Complexity of 1031 Exchanges and Investment Options
[19:07 - 22:57] The Importance of Planning and Expert Advice
Direct Quotes:
"Understanding the investor's goals and objectives and working with their tax advisor is critical." - Michael Scherer
"It all comes down to planning and understanding what your objectives are." - Michael Scherer
Connect with Michael!
LinkedIn: https://www.linkedin.com/in/michael-scherer-caia-8147504/
Email: [email protected]
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Podcast Host: Mike Jesowshek, CPA - Founder and Host of Small Business Tax Savings Podcast
Join TaxElm: https://taxelm.com/
IncSight Packages (Full-Service): https://incsight.net/pricing/
Book an Initial Consultation (IncSight): https://app.simplymeet.me/o/incsight/sale
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Podcast Website: https://www.TaxSavingsPodcast.com
Facebook Group: https://www.facebook.com/groups/taxsavings/
YouTube: https://www.youtube.com/@TaxSavings
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