How The Rich Get Richer: 1031 Exchange
- Daniel Rangel
- Dec 30, 2018
- 1 min read
Learn how to pay less taxes by investing in real estate and 1031 exchanging. 1031 references the IRS tax code that allows you to sell one investment property and buy another, without paying capital gains tax in the process. This is a big deal! Find out why in this video. Learn the basic rules of a 1031 exchange.
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Insightful post! Your explanation of how wealthy investors leverage 1031 exchanges to amplify wealth is compelling and clearly explained. The historical context and tax advantages offer real clarity. I would love to hear more about potential pitfalls or limits. Also, discussing current market trends like doge price in the middle of investment conversations feels natural and relevant.