
Real Estate Investor Podcast
Tune in to the Real Estate Investor Podcast for best in class investing practices from real estate experts! Your host, Gary Lipsky, has more than 30 years of operations and management experience and over 20 years in real estate investing worth over $1/4 Billion. He talks to leading experts to discuss a wide range of subjects to educate investors on how to build legacy wealth and positively impact communities.
Real Estate Investor Podcast
Episode #243 - Jon Hilley – The 1031 Playbook
1031 exchanges are incredibly valuable for investors and are often underutilized and ignored. Today on the Real Estate Investor Podcast, co-founder and CEO of 1031 Specialists, Jon Hilley, joins us to share a play-by-play of 1031 deals. Tuning in, you’ll hear all about Jon’s career and what his company does, the structure of a 1031 deal, a definition of a few 1031 terms, and so much more! We delve into Jon’s thoughts on Delaware Statutory trusts before he stresses the importance of hiring a qualified intermediary for 1031 exchanges. He even discusses the fee structures and reminds us why proper planning is key in these kinds of deals. Finally, our guest touches on some common mistakes he sees being made in 1031 exchanges. Thanks for listening in!
Key Points From This Episode:
- A warm welcome to today’s guest, Jon Hilley.
- What Jon and his company, 1031 Specialists, do.
- The structure of a 1031 deal and why it’s important.
- Jon explains basis, equity, and net investment goal.
- His thoughts on DSTs (Delaware Statutory Trusts).
- The importance of hiring a qualified intermediary.
- Jon explains his fee structures for 1031 deals.
- The importance of proper planning in 1031 exchanges.
- Common mistakes investors make in 1031 deals.
Links Mentioned in Today’s Episode:
1031 Specialists
Call 1031 Specialists on 631-438-1031
National Association of REALTORS
Asset Management Mastery Facebook Group
Invest Smart
Break of Day Capital
Break of Day Capital Instagram
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