Kurt Volk is a real estate investor who owns 19 properties in Tulsa, Oklahoma City, and St. Louis. He has been investing in real estate since 2009.
With inflation and rising mortgage rates, tax rates, and acquisition fees, real estate is becoming a costly investment. Yet, it remains a preferred method of building wealth. So, how can you invest wisely to maximize the value of your assets?
After purchasing and renovating a dilapidated historical property, Kurt Volk utilized the 1031 exchange method to defer capital gains tax and acquire additional properties. This strategy allows you to build your portfolio with profitable investments that appreciate over time. By saving money on taxes, you can conduct regular maintenance and refinance properties for improved rates.
Join Mat Zalk in this episode of The Same Day Podcast as he speaks with Kurt Volk about acquiring profitable investments through the 1031 exchange method. Kurt talks about how he maintained historical standards on his first real estate acquisition, how to maximize real estate asset appreciation with a 1031 exchange, and advice for optimizing a 1031 exchange.
