I’m Joe Seagle, founder and CEO of Aspire Legal Solutions and My Land Trustee, the largest and fastest-growing land trust company in Florida. Our passion is helping people aspire to a better life. One of the many ways we do that is by helping them remain anonymous when it comes to their real estate holdings as they build their wealth. But it also extends to everyone else we touch each day.
We’re fortunate to work with some of the most successful entrepreneurs in the country who share our mission of aspiring to a better life, and we hope others will benefit from hearing their journeys, tips, strategies, and tactics to get there.
Thanks for listening to this edition of Trust This. If you got something out of it, please press like and subscribe and give us a five-star review to help us reach others who may benefit from this series.
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I’m Joe Seagle, founder and CEO of Aspire Legal Solutions and My Land Trustee, the largest and fastest-growing land trust company in Florida. Our passion is helping people aspire to a better life. One of the many ways we do that is by helping them remain anonymous when it comes to their real estate holdings as they build their wealth. But it also extends to everyone else we touch each day.
We’re fortunate to work with some of the most successful entrepreneurs in the country who share our mission of aspiring to a better life, and we hope others will benefit from hearing their journeys, tips, strategies, and tactics to get there.
Thanks for listening to this edition of Trust This. If you got something out of it, please press like and subscribe and give us a five-star review to help us reach others who may benefit from this series.
In this episode of Trust This, Joe Seagle interviews Michael Velasco, a qualified intermediary specializing in 1031 exchanges. They discuss the intricacies of 1031 exchanges, including the different types such as forward, reverse, and improvement exchanges. Michael explains the importance of using a qualified intermediary, the regulations surrounding them, and the identification rules for replacement properties. The conversation also touches on tenants in common and Delaware Statutory Trusts (DSTs) as options for investors looking to diversify or exit real estate investments. Throughout the discussion, Michael emphasizes the need for expertise in navigating the complexities of 1031 exchanges and the importance of holding properties for investment purposes.
Who is Michael Velasco Michael Velasco is the founder and Qualified Intermediary for Exchangeable, LLC, with extensive expertise in Standard, Reverse, and Improvement exchanges. Michael is one of less than 100 Certified Exchange Specialist® in the country. Michael has also founded and owned a Scottsdale-based accounting firm, giving him deep knowledge of tax codes, depreciation, and entity structures. His diverse background includes property management, legal expert witness testimony, property rehabilitation, flipping projects, contract for deed and alternative financing, and significant experience with short sales and REO properties for major banks such as Fannie Mae, Countrywide, Bank of America, and Chase.
Connect with Michael: https://1031exchangeable.com/ https://www.instagram.com/1031exchangeable/ https://www.youtube.com/@michaelvelasco7093 Have a question you want answered on our next Ask Joe episode? Leave a comment below! Subscribe: Don’t miss out on future episodes of our Trust This podcast —subscribe now! https://www.youtube.com/@MyLandTrustee?sub_confirmation=1 Unlock the power of land trusts to protect your assets and enhance your privacy with Land Trusts in Florida, 11th Edition by experts Mark Warda and Joe Seagle—get your copy now! https://mylandtrustee.com/book/ Next Trust This Newsletter Alert: Stay tuned for more valuable tips and updates! https://trustthis.beehiiv.com/subscribe Protect what matters most—reach out today to explore our asset protection services including estate planning, land trust creation, and business structuring. Visit us at https://aspirelegal.com #1031exchange #1031exchangerules #qualifiedintermediary #cpa
Trust This with Joseph Seagle
I’m Joe Seagle, founder and CEO of Aspire Legal Solutions and My Land Trustee, the largest and fastest-growing land trust company in Florida. Our passion is helping people aspire to a better life. One of the many ways we do that is by helping them remain anonymous when it comes to their real estate holdings as they build their wealth. But it also extends to everyone else we touch each day.
We’re fortunate to work with some of the most successful entrepreneurs in the country who share our mission of aspiring to a better life, and we hope others will benefit from hearing their journeys, tips, strategies, and tactics to get there.
Thanks for listening to this edition of Trust This. If you got something out of it, please press like and subscribe and give us a five-star review to help us reach others who may benefit from this series.