Performing 1031 Exchanges to Diversity Your Real Estate Portfolio

Episode SA461 How Did They Do It? Real Estate with Seyla and Aileen
June 22, 2022

In today’s episode, John Todderud explains how to perform a 1031 exchange and what to watch out for, such as Realtors adding additional requirements that slow down the process. Keep listening to uncover more intriguing information that will propel your real estate business to new heights!

Key Takeaways To Listen For:

  • How real estate syndication builds a well-diverse portfolio
  • Benefits of hiring a professional property manager for your property
  • 1031 Exchange Rules: Definition, process, and tax benefits
  • Things to consider when replacing and relinquishing property through the 1031 exchange
  • Biggest challenges of 1031 exchange
  • Why should you start investing in multifamily properties?

How Did They Do It? Real Estate with hosts, Seyla and Aileen Prak from Bonavest Capital interview top experts in the Real Estate business on their journey and how they’ve been able to achieve massive success. Whether you are an active investor or passive investor, we hope to provide valuable resources to you to use in your own real estate investing journey in order take massive action to build true wealth and achieve the lifestyle and happiness you dream of. Our guests will share their real estate investing stories, how they got started with real estate investing, lessons they’ve learned, how real investing has impacted their lives, how they’ve been able to scale their business, and what tools and resources they use.