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Tips and Tricks of the 1031 Exchange with Dave Foster
Dave Foster is the founder and CEO of The 1031 Investor. He is a degreed accountant and serial real estate investor who is a qualified intermediary and consultant for tax saving strategies such as the 1031 exchange and the section 121 homestead exemption. He started fixing and flipping in the 90s and realized that about 40% of his profits were going directly to the IRS. Dave tells us about the updated rules and regulations around using the1031 exchange to legally compound your tax interest that will stay with you instead of going straight to the government.
Top 3 value Bombs:
1. The IRS wants…
The skinny
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