Watch These 62 Minutes If You Want To Become An Expert on 1031 Exchanges

One of the major advantages of real estate investing is leveraging taxes. A 1031 Exchange allows you to reinvest your profits into a new property and defer the taxes to a later date. I sat down with Matt Linville, and expert on 1031 exchanges, to find out more about how 1031 exchanges actually work.
If you are a real estate investor, take notes. I learned a ton from this conversation.
If you're a real estate agent or real estate professional looking for tips and tricks to better handle your real estate closings, then the Real Estate Show Podcast is for you!
#realestateclosing #realestateattorney #realestatetips
Gear Used To Make This Video:
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Podcast Mic: amzn.to/4adlGki
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Tiffany Webber is a real estate attorney and owner of Thomas & Webber, a real estate law firm in Mooresville, North Carolina. They handle both commercial and residential real estate closings, estate planning, and business formations.
If you'd like to work with Thomas & Webber, please email [e-mail]
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Thomas & Webber
514 Williamson Rd.
Suite 421
Mooresville, NC 28117
704-663-1600
www.thomasandwebber.com

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[@Carefreelifestyle95]

Thank you for putting the ball down beforehand!

[@CallFazal]

Excellent, thorough, analysis on 1031 Exchanges. Thank you to you both!

[@TheRealEstateLawyer]

Glad you enjoyed it!

[@evelinemorales22]

I really enjoy your videos! I have a new job position as a real estate paralegal assistant and I learn a lot from your videos, especially since I’m also located in NC 😊 Thank you!

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I have a property in West Virginia I am considering doing a 1031 for. Can you handle the attorney aspect for a WV property? I've done 1031s a number of years prior so I am familiar with the process and system. I can't recall who I used as the 1031 agent at that time. It would be helpful to learn what the costs (percentage, flat, or whatever) might be for the intermediary. What happens if I assign an intermediary but that new purchase falls through prior to the expiration of the viable timeframe. Selling for $275K but have a $175K basis including a $70K loan so would only want to roll the $100K "profit" into the next property.

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I was really hoping this would be put in a far more layman's terms. Step-by-step basis in the most broadest sense of who can do it and how to do ti.

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This is about as step by step as this process can get

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