1031 Exchanges Explained: How Real Estate Investors Defer Capital Gains Taxes

Описание: Selling real estate doesn’t have to mean handing a big check to the IRS.
In this episode of 15 Minutes of Finance, we break down 1031 exchanges: What they are, how they work, and how real estate investors can legally defer capital gains taxes when selling investment property.

We’re joined by Adam Nishikawa, a 1031 Qualified Intermediary, who walks us through:
What qualifies for a 1031 exchange
Common mistakes that disqualify exchanges
Timing rules you must follow
Who should (and should not) consider a 1031
How a qualified intermediary fits into the process

Learn more about Adam and 1031 exchanges:
Website: http://www.ax1031.com/
Instagram: @1031withadam

#financialliteracy #15minutesoffinance #1031exchange #realestate #taxstrategies

15 Minutes of Finance is your quick, easy to understand take on markets, taxes, and making smarter financial decisions! The show is produced by West and Walters Tax and Wealth Management, an RIA and tax firm based in Carlsbad, California. Hosted by James Walters, CIMA®, CRPC®, and Brandon West, CPA, co-owners of West and Walters, each episode gives you clear, honest, and actionable financial talk in the time it takes to drink your morning coffee!

All Information is educational in its intent and distribution! Please do not consider this personal financial advice. We believe all clients have unique situations and thus require unique advice.