Talking 1031 Exchange & How To Maximize Opportunities
Manage episode 381113732 series 2922807
In this episode of The AZREIA Show, host Marcus Maloney and co-host Mike Del Prete are joined by special guest Michael Velasco to discuss all things real estate investing, with a focus on 1031 exchanges. They delve into the importance of building relationships in the industry, especially during recessionary times, and share valuable networking tips.
Whether you're a seasoned investor or just starting out, this episode is packed with insights and strategies to help you navigate the real estate market. Don't miss out on this informative and engaging conversation!
00:03:05 Tax planning is crucial for real estate investors. 00:06:14 1031 exchange defers investment property gains. 00:12:39 Reverse 1031 allows buying first. 00:20:27 Be cautious of California taxes. 00:24:09 Building relationships is crucial. 00:26:11 Relationships are key for success. 00:30:12 Importance of professional advice.
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