The 1031 Playbook. How To Save Money & Grow Wealth With Tax-Free Exchanges

Ever wondered how seasoned investors keep more of their earnings while strategically navigating tax hurdles? 

Join us for an enlightening conversation with Dave Foster, a veteran in the real estate realm, who turns tax codes into powerful tools for wealth building. 

To watch rather than listen, click here.

From his own costly mistake to mastering the art of the 1031 exchange, Dave unveils how he transitioned from a hefty tax bill to leveraging government incentives for personal financial gain. 

He brings to light the intriguing concept of tax codes as behavior incentivizers, offering practical insights into deferring taxes while reinvesting in properties.

Get ready for an engaging session filled with real estate wisdom and a sprinkling of humor as Dave shares tales from his eclectic investment journey, including a quirky client experience at a nudist colony. 

We tackle the myths surrounding the so-called passive income of being a landlord and dive into the complexities of legacy building through strategic property investments. 

With actionable strategies and a focus on tax-efficient wealth transfer to future generations, Dave's insights are a treasure trove for anyone looking to harness real estate for long-term financial success. 

Don't miss out on this rich discussion filled with both serious strategies and light-hearted moments, as we explore how to make the most out of your real estate ventures.

To connect with Dave go to @davefoster1031 on social or https://the1031investor.com online. 

Thank you for KnightsbridgeFX for bringing us this month’s episodes. To learn more about how you can save money when you have currency to exchange, go to https://knightsbridgefx.com and on social @knightsbridge.fx. 

“Inspired to Invest” is proud to support the Beyond Success Program, a not-for-profit financial literacy program for students, launched by More To Give & MAK Investments. Find out more at @more2give.ca.

Thank you for tuning into “Inspired To Invest”. Join us again for our next episode May. 14.

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Serena Holmes is a licensed REALTOR®, real estate investor, podcast host, published author and chief content officer of Executive Lens. She is also the former CEO of Tigris Events, a multi award winning brand experience agency.