3 Things to Keep in Mind Before You Carry Out a 1031 - podcast episode cover

3 Things to Keep in Mind Before You Carry Out a 1031

Apr 25, 20247 minEp. 143
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Episode description

⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclass 


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


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• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking 

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• [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

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