Providers Properties and Performance: Using 1031 Investing to Defer Tax Indefinitely with Dave Foster

Using 1031 Investing to Defer Tax Indefinitely with Dave Foster

May 3, 2022

Welcome to the 100th episode of this podcast. Today’s interview is with Dave Foster, The 1031 Investor. He shares how this investment tool can defer capital gains taxes indefinitely by investing strategically using a step up in basis and designing your exit strategy. He stresses that by using this investment strategy for income property investments, you never have to worry about the capital gains tax rate as you are always deferring your tax liability and creating more jobs as a result.

In this episode, we talk about…

[2:08] 1031 exchanges for investment properties

[3:13] Reverse 1031 exchanges

[5:32] The cost of doing a 1031 exchange

[6:14] 1031 exchange restrictions

[9:33] Exit strategy for real estate investors

[18:18] An example of a reverse conversion

[19:25] Moving from commercial real estate to rental properties

[21:07] Capital gains tax rates

[24:47] Dave’s first job

[25:34] What Dave would be doing if he wasn’t working in the 1031 industry

[26:19] What Dave reads for news, information, or inspiration