#16 Everything You Need To Know About 1031 Exchanges | Robert Sharfstein

Ever wonder how investors avoid paying a ton in taxes when selling real estate?

The secret lies in mastering the 1031 exchange. For many investors, understanding real estate tax strategies can feel overwhelming. But today, you’ll learn exactly how to use 1031 exchanges to maximize your investment returns and avoid costly mistakes.

Robert Sharfstein, the Managing Principal behind RPS Capital Management, joins Brian and Mitch on the Broker Brunch podcast to share the strategies that have helped his clients thrive in the ever-changing real estate market.

In this episode, Robert breaks down the steps to successfully executing a 1031 exchange, the benefits of strategic asset management, and the key factors to consider in today’s market. He also reveals the common pitfalls investors face and how to steer clear of them. Whether you’re a seasoned pro or just getting started, you’ll discover valuable insights to help you grow your portfolio.

So if you want to make 2024 THE year you elevate your real estate investments, even in a challenging market, this episode is a must-listen.


Connect with Robert: https://www.linkedin.com/in/robert-sharfstein-a89a0a28/

Our Socials:
Brian Whelan: https://www.linkedin.com/in/brian-whelan-43155850/
Mitchel Flaherty: https://www.linkedin.com/in/mitchel-flaherty-7b4b1064/


(00:00) Preview and Intro
(01:05) Robert Sharfstein’s Background & RPS Capital
(03:46) Life Cycle of a Real Estate Deal
(05:00) Identifying Investment Opportunities
(06:08) Tax Changes & 1031 Exchanges
(11:02) Managing Family-Owned Assets
(12:20) Assisting Sales Brokers
(14:22) Recent Market Trends & Deals
(17:20) Offering Property Management Services
(19:40) Partnering with Mortgage Brokers
(21:28) Networking in Real Estate
(24:08) Building Long-Term Relationship 
(27:25) Preparing for the Next Market Cycle