Tips and Tricks of the 1031 Exchange with Dave Foster: An EOFire Classic from 2022

From the archive: This episode was originally recorded and published in 2022. Our interviews on Entrepreneurs On Fire are meant to be evergreen, and we do our best to confirm that all offers and URL's in these archive episodes are still relevant.

Dave Foster is founder and CEO of The 1031 Investor, an accountant and real estate investor helping clients legally reduce taxes through 1031 exchanges and strategic tax planning.

Top 3 Value Bombs

1. The IRS encourages a 1031 exchange. It's a normal way to invest in real estate.

2. A 1031 lets you move real estate anywhere in the country, of any type or nature.

3. People use a 1031 to sell in high-value areas and invest where cash flow is higher.

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