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ποΈ Episode 395 β What if you could turn a single real estate deal into a 6-figure payday β tax-free? Investor Char Tovar did just that, using a powerful but often overlooked strategy. Hear how she pulled it off!
βΆοΈ Next Video: How Much Tax I Paid When I Sold a Rental Property
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π Show Notes: link
π¬ Timestamps:
0:00 - Starting as a Part-Time Investor
4:26 - Buying Long-Distance in Tennessee
10:00 - Decision to Sell the Tennessee Property
17:38 - What is a 1031 Exchange?
21:52 - Rules and Timeline for 1031 Exchange
25:52 - Finalizing Sale and Initiating 1031 Exchange
28:32 - Char's Washington Property
35:40 - Char's Next Investing Goal
39:50 - Lessons Learned and Reverse 1031
43:49 - How much taxes I paid when I sold my rental property
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Char's Previous Episode:
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