7 mistakes with 1031 exchange

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Stop Trading Your Time for Money with Eric Martel

66 episodes

3 days ago

Eric Martel purchased his first apartment building at just 18 years of age while still at university. After graduation, in his position as an actuary, he was dismayed to see hundreds of company pension plans being rolled over into 401(k)s shifting the retirement risk to employees. This made him reconsider traditional beliefs about saving for retirement. After the Dotcom crash of 2001 Eric started looking for ways to earn passive income and founded MartelTurnkey with his family. Eric now shares what he has learned, so you too, can stop trading your time for money.

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7 mistakes with 1031 exchange

Stop Trading Your Time for Money with Eric Martel

7 minutes 50 seconds

2 years ago

7 mistakes with 1031 exchange

In the video titled "7 mistakes with 1031 exchange" , Eric Martel delves into common pitfalls people encounter with the 1031 exchange and created 7 Rules to make sure investor don't fail when using 1031 exchange. Eric underscores the significance of having a comprehensive understanding of the process beyond just the basic guidelines. By diving deep into the intricacies of the exchange, viewers are equipped with the knowledge to navigate potential pitfalls and make informed decisions. Martel emphasizes that a nuanced grasp can be the difference between a successful exchange and an unexpected tax liability. From the nuances of property types to the subtleties of investment intent, the video serves as a reminder that in the realm of 1031 exchanges, details matter. It's an essential watch for those seeking to maximize the benefits of this tax-deferral strategy. Learn the tips & strategies to get the most out of life with your money. Get started today → https://offer.flipsystem.com?el=youtubeericmartel 👍 Subscribe to be notified for future videos: https://www.youtube.com/@ericmartelofficial For more resources and content, check us out below! 🚀 Founder of FlipSystem, MartelTurnkey, and RocketOffr. 📚 Get a copy of my book https://www.amazon.com/dp/B08KWM5PW1 👉 Subscribe to my other channel https://www.youtube.com/c/BreakAwayfromtheRatRace ⭐️ Following me on all social media @ericmartelofficial 👨‍🏫 Mentorship https:/marteleric.com/mentorship 💻 Check out my Personal Website https://marteleric.com