REI 101 Week 3: 1031 Exchanges скачать в хорошем качестве

REI 101 Week 3: 1031 Exchanges

Speaking to Doug Blackwell from BEA 1031, one of our preferred partners. This video discusses 1031 exchanges with Doug Blackwell from BEA 1031 Exchange, an expert in the field (0:04). He explains how these exchanges allow real estate investors to defer taxes on the sale of appreciated investment properties if certain rules are followed (1:27). Key topics covered include: Definition of 1031 exchanges: A mechanism to defer taxes on the sale of highly appreciated investment real estate (1:27). Important rules: Properties must be for investment use, not a primary residence, and generally, you should buy equal or greater value to achieve 100% tax deferral (2:25). Timelines: A strict 180-calendar-day period to complete the exchange, with a crucial 45-day window to identify replacement properties (3:37). "Like-kind" properties: This refers to investment real estate for investment real estate; it doesn't mean swapping a single-family home for another (4:49). Passive investing: Discussion on how 1031 exchanges can facilitate a shift to more passive investments like triple net lease properties (6:00). Importance of expert advice: Doug emphasizes that while CPAs and attorneys are vital, a qualified intermediary like him adds expertise to navigate the complexities and avoid misunderstandings (6:56). For more information, you can visit Doug Blackwell's website linked in the video description (1:05). Https://bea1031.com