6 min
3 Things to Keep in Mind Before You Carry Out a 1031 STR Unfiltered
-
- Investing
⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclass
In the world of real estate investing, 1031 exchanges are a popular way to delay paying capital gains tax and maximize profits.
But there’s a reason many call it the death tax…
Once you opt for a 1031 exchange, the money invested can be locked away for a very long time.
That’s why today, I’m sharing 3 things you need to keep in mind before you carry out a 1031!
If you want to protect your money and make responsible financial decisions, this episode is for you.
Tune in!
Key Takeaways:
00:00:00 Intro
00:00:34 Are you ready to kiss that cash goodbye forever?
00:01:19 What is your financial stability behind that cash?
00:02:44 There are always options out there
00:04:20 Potential pitfalls of mismanaged 1031 strategies
00:05:40 My final piece of advice
Additional resources:
➡️ Ready to start building STR wealth?
• Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle
• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy
• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary
• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining
➡️ Learn more about starting an STR business:
• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299
• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost
• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining
• Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads
• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery
➡️ Grab some FREE resources:
• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking
• [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma
• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide
• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:
https://buildstrwealth.com/7goldenrules
• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan
➡️ Connect with us:
• Join Our Facebook Group: https://www.facebook.com/groups/284886002732508
• Check Out Our website: https://buildstrwealth.com/
• Bill’s Instagram: https://www.instagram.com/billfaeth73
• Brea’s Instagram: https://www.instagram.com/breafaeth/
• TikTok: https://www.tiktok.com/@bfaeth
On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.
Subscribe/Follow so you never miss an episode!
#STRUnfiltered #BillFaeth #STR
Learn more about your ad choices. Visit megaphone.fm/adchoices
⏺️ Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/550250masterclass
In the world of real estate investing, 1031 exchanges are a popular way to delay paying capital gains tax and maximize profits.
But there’s a reason many call it the death tax…
Once you opt for a 1031 exchange, the money invested can be locked away for a very long time.
That’s why today, I’m sharing 3 things you need to keep in mind before you carry out a 1031!
If you want to protect your money and make responsible financial decisions, this episode is for you.
Tune in!
Key Takeaways:
00:00:00 Intro
00:00:34 Are you ready to kiss that cash goodbye forever?
00:01:19 What is your financial stability behind that cash?
00:02:44 There are always options out there
00:04:20 Potential pitfalls of mismanaged 1031 strategies
00:05:40 My final piece of advice
Additional resources:
➡️ Ready to start building STR wealth?
• Join Our Masterclass to Unlock STR Wealth: https://buildstrwealth.com/innercircle
• Sign Up for Our STR Host Academy: https://www.strhostacademy.com/hostacademy
• Gain Full Access to the Superhost Library: https://buildstrwealth.com/thelibrary
• Reserve a Spot in Our Super Life Plan Training: https://www.billfaeth.com/lifeplantraining
➡️ Learn more about starting an STR business:
• Take the Airbnb Profit Maximizer Course: https://buildstrwealth.com/profitmax299
• Sign Up for Our Co-hosting Business Masterclass: https://buildstrwealth.com/cohost
• 3-Day Training Program for New Airbnb Hosts: https://buildstrwealth.com/3daytraining
• Facebook Ads Training for Hosts: https://buildstrwealth.com/facebookads
• Virtual Marketing Mastery Boot Camp: https://buildstrwealth.com/marketingmastery
➡️ Grab some FREE resources:
• [FREE Download] Get Your 10-POINT Direct Booking Optimization Checklist: https://buildstrwealth.com/directbooking
• [FREE Download] Unlock Your Potential with Our EXPERT Proforma: https://buildstrwealth.com/proforma
• [FREE Donwload] Grab Our ULTIMATE Guide for STR hosts: https://buildstrwealth.com/ultimateguide
• [FREE Donwload] Discover the 7 GOLDEN RULES for Airbnb Hosts:
https://buildstrwealth.com/7goldenrules
• [FREE Donwload] Unlock Your Dream Life Plan: https://www.billfaeth.com/lifeplan
➡️ Connect with us:
• Join Our Facebook Group: https://www.facebook.com/groups/284886002732508
• Check Out Our website: https://buildstrwealth.com/
• Bill’s Instagram: https://www.instagram.com/billfaeth73
• Brea’s Instagram: https://www.instagram.com/breafaeth/
• TikTok: https://www.tiktok.com/@bfaeth
On STR Unfiltered, Bill Faeth breaks down the ins and outs of short-term rental hosting, giving listeners actionable advice that they can use to take their businesses to the next level.
Subscribe/Follow so you never miss an episode!
#STRUnfiltered #BillFaeth #STR
Learn more about your ad choices. Visit megaphone.fm/adchoices
6 min