The 1031 Exchange: Your Best Investment

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From http://myrealty.com How do you accumulate wealth? Don't let the government take 25% of your earnings! Keep all your capital gains with the 1031 exchange. (The IRS doesn't do much to promote this part of the tax code.) Today we speak with David Greenberger, THE 1031 Exchange expert of http://1031exchangeadvantage.com.

Channel: Howto & Style
Uploaded: September 28, 2007 at 12:25 pm
Author: myrealty

Length: 0:10:37
Rating: 3.50
Views: 1,936

Tags: 1031 exchange taxes invest capital gains money real estate bling wealth government IRS

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Video Comments:
catttaylor (Wednesday 15th of October 2008 06:33:27 PM)
Obama plans on taking away 1031 exchanges. This info comes from Obama's camp. It's how he's not going to raise taxes (hah - taking away tax breaks = raising taxes) This is part of how he plans to do his Robin Hood administration. What's going to happen to the economy when he raises taxes on businesses who are already heavily burdened? What's going to happen to those people who won't have jobs because the companies won't be able to pay them anymore?
stitches8675 (Monday 8th of September 2008 06:53:19 AM)
So you can use the funds to leverage the next property, is that all of the funds must be used for the next purchase, how do you get cashed out?
ewysplayhouse (Monday 1st of October 2007 08:02:07 AM)
Get a few minutes into and the you get great information! thanks!