How to Become a 1031 Investor with Dave Foster

November 26, 2021 00:57:56
How to Become a 1031 Investor with Dave Foster
The Short Term Show
How to Become a 1031 Investor with Dave Foster

Nov 26 2021 | 00:57:56

/

Show Notes

Dave Foster is a true veteran in the real estate investment world. He first ventured into real estate investing as a way of chucking his 9 to 5 job and allowing himself the freedom to travel and live his life without corporate obligations. Passive real estate income has allowed him to explore and adventure, without the need for full-time, hands-on management. Though he made a decent profit, he was frustrated by government taxing and only retaining limited gain. However, through using 1031 exchange or through moving into his real estate investments, he was able to maximize profits and build his real estate empire across four sites without paying a penny in capital gains tax.   Avery speaks with Dave about the intricacies of 1031 exchange and how he is able to take his real estate investments to new heights through his tactical investment techniques. He explains in detail how anyone, no matter the size of their holdings, can use 1031 exchange to build financial security and also gain increased returns that they can use to grow their holdings to new heights. Dave also goes in-depth about the work that he does with up-and-coming investors and how he teaches them this simple tax deferral strategy that allows them to build a brighter future.   Key Topics How 1031 exchange changed Dave’s life Essentials of 1031 exchange Federal tax laws and rules behind real estate investing Specifics of 1031 exchange policies How to grow profit and investments The work that The 1031 Investor does Techniques to grow your real estate holdings   The 1031 Investor Dave’s Instagram The Short Term Shop University The Short Term Shop Facebook Group IGMS Your Porter Smart BnB OwnerRez Beyond Pricing Pricelabs    

Other Episodes

Episode

September 27, 2023 00:33:42
Episode Cover

Kirsten Limmer - REPStracker Creator and CEO

This week Avery sits down with pediatrician and entrepreneur, Kirsten Limmer to give us the rundown on her mobile app, REPStracker. They'll discuss what...

Listen

Episode

April 28, 2022 00:29:51
Episode Cover

Managing Rentals While Managing Family with Ashley & Jered Guy

Ashley and Jered Guy are a married, real estate power duo with properties throughout the US in markets such as The Smokies, Gulf Shore,...

Listen

Episode

July 24, 2024 00:33:49
Episode Cover

Scaling Smart: Financing and Managing Multiple STRs with Jen Dickson

In this episode, Avery had the pleasure of speaking with Jen Dickson, a seasoned short-term rental investor who has successfully navigated multiple markets. Jen...

Listen