On this week’s Open House with Team Reba radio show, Reba and Eric were joined by Philip David from Benash Real Property Exchange and talked about 1031 Property Exchanges. Interested in how to buy investment property with a “sort of” 0% interest free loan from Uncle Sam? This show is for you! Check it out below.
Listen to the show every Tuesday at 3pm on KKOL 1300AM where you can stream it live. Be sure to send us your questions at [email protected] before the episode. Or call us during the show at 1-866-712-1300 if you want to participate.
It’s important to identify that this is only available to investment property and not for a primary residence. This type of program is open to not only real property exchanges, such as one rental property for another (ie. house to a small apartment building), but it’s also available for businesses that want to upgrade to provide more manufacturing space and tooling. Speak with an exchange facilitator, your CPA, experienced real estate agent, and other business advisors to determine what the right steps are for you.
