Dec. 27, 2023
#484: 1031 Exchange Explained: Minimize Your Taxes & Grow Your Wealth
Steve Hickox, founder of 1031X, joins Chris for an in-depth guide on how to use 1031 exchanges to defer capital gains and propel your wealth creation! 🏡 Dive into the basics, unleash tax savings, and accelerate your portfolio growth. Legal and historical insights included! Don’t miss this guide to maximizing gains and minimizing taxes for savvy investors!
https://youtu.be/hNE8Q6MVBOI
(02:18) History of the Modern 1031 Exchange
(08:17) What is a 1031 exchange?
(15:32) How does it work?
(26:00) What qualifies for “like-kind” requirement?
(43:40) Benefits + Important Rules
Links from the Podcast
Email Steven W. Hickox: steve1031x@gmail.com