241: Multiply Your Wealth With 1031 Exchanges and Columbus, OH Market

Your equity is re-positioned when you make a 1031 Tax-Deferred Exchange. All at once, you can: Increase your cash flow Increase your leverage ratio Create arbitrage Increase your velocity of money Expand the value of your RE portfolio Do it all with zero tax on the gains Gain geographic diversity Real estate capital gains tax is higher than many think: 15% - 23.8% Federal, plus State of up to 13.3%, plus Depreciation Recapture. Californians could pay 37%+ in capital gains tax. Fortunately for real estate investors, you can defer all of these taxes with a 1031 Tax-Deferred Exchange. We discuss your 45-day and 180-day timelines, “like-kind”, your Qualified Intermediary, and 1031 traps to avoid. Columbus, Ohio could potentially be a wise place to exchange your equity into. Why Columbus? Ohio’s largest city and capital Fortune 500 companies High rents & low purchase prices Growing city Family-friendly suburbs Low cost of living with good incomes 14th-largest U.S. city SFR Rents $800 - $1,300, Prices $80K - $150K This provider has turnkey rehab operations integrated with management so that you can buy an “all-done-for-you” single-family rental property Connect with the provider and get their Columbus Investor Report here: www.getricheducation.com/columbus. __________________ Want more wealth? 1) Grab my FREE E-book and Newsletter at: GetRichEducation.com/Book 2) Your actionable turnkey real estate investing opportunity: GREturnkey.com 3) Read my best-selling paperback: getbook.at/7moneymyths __________________ Resources mentioned Columbus Income Property: GetRichEducation.com/Columbus Forbes: Californians Move, Then Sell Mortgage Loans: RidgeLendingGroup.com Cash Flow Banking: ProducersWealth.com Turnkey Real Estate: NoradaRealEstate.com QRP: TotalControlFinancial.com JWB New Construction Turnkey: NewConstructionTurnkey.com Best Financial Education: GetRichEducation.com Find Properties: GREturnkey.com Follow us on Instagram: @getricheducation Keith’s personal Instagram: @keithweinhold