Property owners who are starting their own investment portfolios need to identify new opportunities as the market changes. That's a good example of how 1031 can come into play, it could be someone who has a rental property, a single-family home, instead of paying the taxes and putting the money in the bank, they should consider whether they want to take advantage of a 1031 tax-deferred exchange.
Joining us this week is Mr. CHRIS CUNNIFFE, Managing Broker at Engel and Volkers Real Estate here in Charleston. Whilst having been in and around real estate since 1996, and started his career in real estate as a real estate attorney for 8 years in New York City and in Charleston, he also handled both commercial and residential real estate transactions and offers his clients the additional depth of experience he has gained from being an active real estate investor and developer, that is to learn about the steps and process of successfully completing a 1031 exchange, giving them MORE than what they expect.
So…Listen and discover helpful strategies and processes for investors to use in the acquisition of a real estate property whether rental or investment property, and learn in-depth about the 1031 tax exchange, how it works and how they could be of value to you. But most importantly, it guides you on your legacy building.
What You’ll Learn From This Episode:
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