How to Trade Up with 1031 Exchanges (and Avoid Mistakes) – Paul Frank
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Ever wondered how you can grow your real estate portfolio without getting hammered by capital gains taxes? In this episode of the Property Profits Podcast, Dave Dubeau sits down with Paul “Coach” Frank, a 40-year veteran in real estate development, brokerage, and investing, to break down the ins and outs of 1031 exchanges.
Paul shares why so many investors misunderstand the term “like-kind,” the biggest mistakes people make when attempting 1031s, and how savvy investors use exchanges to trade out of management-heavy multifamily and single-family rentals into stable, cash-flowing triple net properties.
From real-life stories of clients who turned underperforming rentals into hands-free income streams, to Paul’s insights on why drive-thru QSR properties like Chick-fil-A and Chipotle are “gold,” this conversation will change how you think about growing wealth through real estate.
- Get Interviewed on the Show! - ================================== Are you a real estate investor with some 'tales from the trenches' you'd like to share with our audience? Want to get great exposure and be seen as a bonafide real estate pro by your friends? Would you like to inspire other people to take action with real estate investing? Then we'd love to interview you! Find out more and pick the date here: http://daveinterviewsyou.com/
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