634: Increase Cash Flow And Avoid Taxes Via 1031 Exchanges
Many long-term real estate owners have experienced tremendous appreciation and consequential equity in their properties. This is a great boon, but as a result, they are generating very small returns on their equity, sometimes as little as 2%. For these people, exchanging their properties via 1031 exchanges is a great way to improve cash flow and to no longer have to manage day-to-day operations. Benjamin Carmona, Managing Partner at Perch Wealth, helps clients find upstream properties to exchange into in order to generate more income, defer taxes, and exit day-to-day real estate operations.