1031 Exchanges 
Click HERE for seminar calendar and registration links.

A 1031 exchange is an IRS safe harbor. If you follow the rules exactly right, you can sell one piece of property at a profit, buy another piece of property, and not owe a dime of income taxes at the time of the sale. It's all the rage among investors "in the know," but incomplete knowledge can lead to audits, taxes, and ruinous penalties and interest. The rules are not difficult- it's just that few people ever take the time to explain them to non-lawyers or non-accountants.

For example, how do you rate yourself? A newbie, somewhat knowledgeable, or very sophisticated? Now, take the test. Can you tell the difference between the truth and the deadly myths in the list below?

• 1031 exchanges are tax free; 
• If the 45th day after sale is a weekend or holiday, sellers have until the next busines day to identify their replacement property; 
• Sellers have at least 180 days after sale to close on a replacement property; 
• Property flippers can do one 1031 exchange per year; 
• Property flippers can do as many 1031 exchanges as they want, so long as each property is held for at least one year and one day; 
• It's always a good idea to do a 1031 exchange if you can find appropriate replacement property; 
• You can invest all your cash from the sold property into the new property, have the advantage of the 1031 benefits, and then take out a mortgage the next day in order to get back your cash. 

ALL of the  statements are false. After one extremely painless and even-dare I say it?-fun filled three-hour seminar, I'll shatter all these myths. PLUS I'll clue you into the other tips and tricks to take full advantage of this powerful IRS tax benefit, or just sound like an expert when talking to others.

Click HERE for seminar calendar and registration links.
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