Avoid Costly 1031 Exchange Mistakes: Expert Tips w/ Brandon Burns

Real Estate Investing with the REI Mastermind Network

Unlock the secrets to successful real estate investing and avoid costly 1031 exchange mistakes in this insightful episode featuring Brandon Burns! As one of the few certified exchange specialists in the U.S., Brandon shares invaluable tips on navigating 1031 exchanges, a critical tool for building generational wealth through strategic real estate investment strategies.

• Discover the history and evolution of Section 1031 and how it can benefit your investment portfolio.
• Learn the essential steps and hurdles in executing a 1031 exchange, including time, value, financial, and ownership considerations.
• Understand the importance of choosing the right 1031 exchange accommodator to maximize your real estate gains.

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CHAPTERS:

00:00 - Intro

00:33 - What is a 1031 Exchange

08:02 - Major Hurdles of a 1031 Exchange

17:20 - Selecting the Proper Accommodator

21:50 - Choosing a 1031 Exchange Company

24:00 - What We Missed

27:17 - Lies Real Estate Investors Tell Themselves

28:10 - Advice for Your Younger Self

28:53 - Book Recommendation

30:55 - Time-Saving Strategies

34:18 - Outro

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