Building Wealth with 1031 Exchanges--3CE May 18, 2022

Description

How exchangers can help their kids buy a house. Exchange into a Vacation or Second Home. How a mixed-use property: home office, short-term rentals or acreage works in a 1031. …the more you understand-the more you make in commissions.

Class highlights:

• What is a Section 1031 Exchange & why use it?

• Sales vs Exchange

• How long to hold

• Rules and Time restrictions

• Unlock a Sale with 1031 that becomes an eventual 2nd or primary home

• Mixed properties: short-term rentals, home offices, live-in part, or have land; how they work in a 1031 exchange

• How an Investor can help their child buy a home with their 1031 exchange

• And more

Instructed by 1031 Industry Expert: Annamarie Kooning, NW Division Manager with Asset Preservation Inc., a leading national exchange company.

WA Course #C21010869

3CE