Don't Blow up Your 1031! 3 Things to Avoid When Doing a 1031 Exchange

Описание: You’re about to sell an investment property and roll it into another one with a 1031 exchange, but mess up one detail and you could get slapped with a massive tax bill 💸. In this video, we break down the 3 most common ways investors accidentally blow up their 1031 exchanges 🚨.

music by Karl Casey @ White Bat Audio

⏱️ Timestamps:
00:00 – Intro
00:30 – ❗ Mistake #1: Cash-out refinance before selling
01:29 – 🏷️ Mistake #2: Taking title differently
02:42 – 🚫 Mistake #3: Not using a qualified intermediary
03:27 – ✅ Recap & closing thoughts

#1031Exchange #RealEstateInvesting #TaxPlanning #QualifiedIntermediary #RealEstateTips #FinancialPlanning #InvestmentProperty #1031Mistakes

Disclosure:
Sterling Adams Wealth Management, LLC is a financial planning firm in Verona, New Jersey specializing in clients whose main or only investment is in rental real estate, instead of the stock market.

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We are NOT licensed Attorneys or Certified Public Accountants and do not provide legal or tax advice. We encourage you to consult your legal or tax Professionals.

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Our compensation is derived from fees and commissions which you directly or indirectly pay. All FEES for which a client will be billed by our firm will be disclosed and in writing at the time of our client-planner engagement.

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