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

Multiply Your Wealth With 1031 Exchanges and Columbus, OH Market

by Keith Weinhold | Get Rich Education

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.

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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 >

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

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