Investing In Real Estate & Optimizing Taxes ft. Dave Foster | Return On Life - Ep 28

2024-01-09

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🎙️Episode 28: Investing In Real Estate & Optimizing Taxes With Special Guest: Dave Foster About Our Guest: Dave Foster, a Qualified Intermediary (QI) investment professional, understands that real estate is really an investment in your future. As a multi-industry visionary, he has over 20 years of experience working in all phases of real estate investing. From commercial to resid...

🎙️Episode 28: Investing In Real Estate & Optimizing Taxes

With Special Guest: Dave Foster

About Our Guest:

Dave Foster, a Qualified Intermediary (QI) investment professional, understands that real estate is really an investment in your future. As a multi-industry visionary, he has over 20 years of experience working in all phases of real estate investing. From commercial to residential, he brings his clients a fresh perspective and clear vision for strategic development. As an investor himself, he views each investment as a unique opportunity to maximize returns. A degreed accountant with a Master's in Management, Dave built his reputation on being a driven, results-oriented QI who works relentlessly to optimize value for the real estate investors with whom he works. He is inspired by a genuine desire to help investors excel, and he continuously strives to create win-win situations.

#ReturnOnLife #ROL

In this week's episode of the Return On Life Podcast, we sit down with the inspiring Dave Foster, a man who redefined his life's trajectory after becoming a parent. Dave opens up about how parenthood was a pivotal moment that made him and his wife reassess their priorities. It became clear that the conventional corporate America path they were on wasn't aligned with their true aspirations.

With courage and determination, they made a bold leap, leaving their secure, well-paying jobs behind to pursue their dream of becoming real estate entrepreneurs. Their journey unfolds as Dave shares the challenges, successes, and valuable lessons they've gained along the way.

A significant portion of the episode is dedicated to the intricacies of the 1031 exchange, a tax strategy that has revolutionized their real estate endeavors. Dave discusses how this approach can be a game-changer from a taxation perspective, shedding light on its potential benefits for those considering a similar path.

Throughout the conversation, Dave emphasizes the importance of time freedom and cherishing life's moments. He reminds us that, in the grand scheme of things, it's not about working another day but about cultivating meaningful experiences and nurturing relationships. As Dave puts it, "Nobody on their death bed ever said I wish I could have worked another day...it’s all about experiences, relationships - those are the things that make our lives full”

Tune in to this episode of the Return On Life podcast to gain insights from Dave Foster's transformative journey and learn how you can make the most of your own life's return.

Notable Quotes:

“Nobody on their death bed ever said I wish I could have worked another day...it’s all about experiences, relationships - those are the things that make our lives full”

“There is more than enough for us all to do really well. I don't have to keep my knowledge a secret to do well. I can share it with you so you can do well, as well.”

📇Connecting with Dave Foster:

Twitter: https://twitter.com/DaveFoster1031

Instagram: https://www.instagram.com/davefoster1031/

Facebook: https://www.facebook.com/DaveFoster1031

Facebook: https://www.facebook.com/the1031investor

LinkedIn: https://www.linkedin.com/in/davefoster1031/

Website: https://www.the1031investor.com/

📻More Ways to Listen:

Spotify:https://open.spotify.com/show/5UXsDNAUkD92BB7HFR6uNE?si=1deaeb6ba7b54131

Apple Podcast: https://podcasts.apple.com/us/podcast/return-on-life-podcast/id1693542807

Google Podcast: https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy9lNDZkYTgxNC9wb2RjYXN0L3Jzcw:

Amazon Music: https://music.amazon.com/podcasts/0282dfa7-6ce3-400c-aede-cdd8777ac4ca/return-on-life-podcast