Paying too much in capital gains tax is a major fear for investors. The old school solution, 1031 exchanges, leaves many people overpaying and over-stressed. With restrictive rules and timing, 1031 exchanges offer little possibility to diversify and no liquidity. We saw this firsthand when COVID-19 first hit and waves of Buyers were trapped in exchanges in a utterly changed markets – forced to buy (and likely overpay) something they didn’t even want. Brett Swarts has a better solution.
The start of a new year and a new administration in the White House means changes to the tax code. No matter the level of investor, it’s smart to stay up-to-date on how tax law changes can impact your bottom line.
Tracey Wilson of IPX1031joins us on the Podcast this week to discuss 6 major changes to the Tax Code
This week on the podcast we are tackling Real Estate Agents’ biggest issue: their money. Our guest, Damon Yudichak, author of the upcoming book Profit First for Real Estate Agents, walks us through his simple process.
Many Real Estate Agents find themselves in the same trap: as our supply of money increases, our demand for it increases, and often we look up at the end of the month and have no idea where our commission checks went.