The 6 Rules of Using a 1031 Exchange

At Morris Invest we work with many clients that use a 1031 Exchange to buy real estate.
BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: www.MorrisInvest.com

A 1031 exchange is an incredibly powerful tool that allows an individual to save on taxes after the sale of a piece of real estate. This tax deferral program permits the investor to sell a real estate property and then reinvest the funds in a property of equal or greater value. Doing so allows the investor to keep more money in their pocket, and defer all capital gains taxes.

In this video, Natali and I are sharing the six rules you must follow when conducting a 1031 exchange. We’ll discuss best practices for dealing with the IRS, and what you must do to successfully complete a 1031 exchange and defer taxes. We’ll also share more details about our favorite 1031 experts, and discuss resources you can use to learn more.

If you've ever wondered about the specifics of deferring taxes in real estate, you won't want to miss this video! We're sharing concrete examples why you might want to conduct a 1031 exchange, and how to do it the right way!

EP197: The Legal Loopholes of Real Estate Investing - Interview with Garrett Sutton: https://goo.gl/KHgz6Y

Loopholes of Real Estate by Garrett Sutton: https://goo.gl/1ZR9VK

EP053: The Power of a 1031 Exchange for Exploding Your Rental Portfolio - Interview with Lance Growth: https://goo.gl/z13Sp1

EP158: How to Defer Taxes Forever with Real Estate - Interview with Leonard Spoto: https://goo.gl/Mo7e6V

Show notes: http://morrisinvest.com/episode214

BOOK A CALL WITH OUR TEAM TODAY AT MORRIS INVEST: https://goo.gl/EbDRWj

VIDEOS ABOUT GETTING STARTED IN REAL ESTATE
https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp1LPllyyeQho_ouMhrbOy6

VIDEOS ABOUT REAL ESTATE NEWS
https://www.youtube.com/playlist?list=PLZdhTWJ6Yawp7aUQgMPmAanHSYgP-UI0i

SUBSCRIBE AND JOIN OUR AWESOME COMMUNITY:
https://www.youtube.com/c/MorrisInvest

SUBSCRIBE TO THE iTUNES PODCAST:
iTunes: https://goo.gl/tSfSM8

FOLLOW ME ON SOCIAL MEDIA:
Twitter: http://www.twitter.com/claytonmorris
Facebook: https://www.facebook.com/MorrisInvest
Instagram: https://www.instagram.com/claytonmorris
DISCLAIMER: I am not a financial adviser. I only express my opinion based on my experience. Your experience may be different. These videos are for educational and inspirational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. There is no guarantee of gains or losses on investments.

AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning, at NO additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. However, this does not impact my opinion. We recommend them because they are helpful and useful, not because of the small commissions we make if you decide to use their services. Please do not spend any money on these products unless you feel you need them or that they will help you achieve your goals.