912: Using a 1031 Exchange to Build Wealth in 2023 - Episode 912
912: Using a 1031 Exchange to Build Wealth in 2023 - Episode 912  
Podcast: Investing in Real Estate with Clayton Morris | Investing for Beginners
Published On: Thu Jan 12 2023
Description: A 1031 exchange is a powerful tax tool that allows an investor to save on taxes after selling a piece of real estate. This tax deferral program permits the investor to sell one real estate property and then reinvest the funds into another higher performing property. As a real estate investor, a 1031 exchange is one of the best tools you can utilize for building wealth and saving on taxes! On today's show, you're going to learn the rules, the timelines, and how to get started if you believe a 1031 exchange is the right strategy for you.