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In the world of real estate investing, 1031 exchanges are a popular way to delay paying capital gains tax and maximize profits.

But there’s a reason many call it the death tax… 

Once you opt for a 1031 exchange, the money invested can be locked away for a very long time. 

That’s why today, I’m sharing 3 things you need to keep in mind before you carry out a 1031!

If you want to protect your money and make responsible financial decisions, this episode is for you. 

Tune in! 

Key Takeaways: 

00:00:00 Intro 

00:00:34 Are you ready to kiss that cash goodbye forever?

00:01:19 What is your financial stability behind that cash? 

00:02:44 There are always options out there 

00:04:20 Potential pitfalls of mismanaged 1031 strategies 

00:05:40 My final piece of advice

Additional resources: 

➡️ Ready to start building STR wealth? 

• Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining

➡️ Learn more about starting an STR business:

• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining • Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery

➡️ Grab some FREE resources:

• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking • [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:https://buildstrwealth.com/7goldenrules• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan

➡️ Connect with us:

• Join Our Facebook Group: https://www.facebook.com/groups/284886002732508 • Check Out Our website: https://buildstrwealth.com/ • Bill’s Instagram: https://www.instagram.com/billfaeth73• Brea’s Instagram: https://www.instagram.com/breafaeth/ • TikTok: https://www.tiktok.com/@bfaeth 

On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.

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