The Agent of Wealth

1031 Exchange: What Real Estate Investors Need to Know With Dave Foster

December 01, 2023 Marc Bautis Episode 183
The Agent of Wealth
1031 Exchange: What Real Estate Investors Need to Know With Dave Foster
Show Notes

In this episode of The Agent of Wealth Podcast, host Marc Bautis is joined by Dave Foster, Founder and CEO of The 1031 Investor. He is a degreed accountant and serial real estate investor who is a qualified intermediary and consultant for tax saving strategies such as the 1031 Exchange and the Section 121 Homestead Exemption. Today, Dave breaks down how to use the 1031 Exchange in layman’s terms.

In this episode, you will learn:

  • What a 1031 Exchange is.
  • When and why to use a 1031 Exchange.
  • The six requirements of any Exchange.
  • How to recognize and avoid common 1031 Exchange issues.
  • How to transition from active real estate investing to passive real estate investing using a 1031 Exchange.
  • And more!

Resources:
Episode Transcript & Blog | 1031investor.com | Bautis Financial: 8 Hillside Ave, Suite LL1 Montclair, New Jersey 07042 (862) 205-5000 | Schedule an Introductory Call