Tax Free 1031 Exchanges - The Wealth DNA radio show is dedicated to helping you increase your wealth, as well as educating savers & investors. Since most US taxpayers just filed their income taxes, we thought it would be great timing to discuss a little known way to avoid paying US income taxes on investment gains - legally. In many cases the tax savings are more significant than using Self Directed IRA’s. This is a continuation of our series on retirement related topics, but works just as well decades before retiring.
You’re probably wondering what a 1031 Exchange is, and what can be exchanged tax free? Some listeners will assume it’s a special barter transaction, but their overriding question is likely – How can it save me money on next year’s taxes? So if you don’t like the IRS as a beneficiary of your retirement plan, or looking for some additional “legal loop holes” we often share ... grab a cup of coffee, glass of wine, or your favorite beverage and join us for the discussion on Tax Free 1031 Exchanges ...