5 Talents Podcast - How To Build Wealth Through Real Estate
5 Talents Podcast - How To Build Wealth Through Real Estate
Abel Pacheco
William Exeter - Defer Taxes By Utilizing The 1031 Exchange
33 minutes Posted Dec 6, 2022 at 11:00 am.
06:04] Opening SegmentIntroducing William to the show!Partnering with someone who has a grasp of numbers and accounting[06:05- 13:41] Defer Taxes By Utilizing The 10 31 ExchangeThe 1031 exchange is a tax deferral strategy that allows homeowners to sell their property and reinvest the proceeds in something elseSelling at the top of the market can result in a large capital gain tax billReal estate professionals who is actively managing their portfolios[13:42 - 29:33] Identifying Goals And Objectives With The 1031 ExchangeThe 1031 exchange is a way to sell real estate and buy real estate at the same timeThe ways to fix the ownership of the property so that it qualifies for a 1031 exchangeA 1031 exchange is a way to sell the property and defer taxes by exchanging shares of the property for cashHow important it is to have a legal expert and a CPA on your team[29:34 - 33:38] Closing SegmentWilliam stresses the importance of having a teamSee the links below to connect with William!Quotes:“You can look at 1031 exchange. Selling your property, and reinvesting in something that makes more sense for you. It really needs to put you in a better position. ” - William "Bill" Exeter“I've always been fascinated with tax-deferred tax exclusion strategies. If you're going to work so hard and try to create your wealth, then you got to try to defer or exclude the taxes and that helps you build wealth even faster than if you paid the tax that you went along." - William "Bill" ExeterConnect with William through Website & YouTube!Connect with me:www.5talents.capitalLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] 5 TALENTS CAPITAL | ABEL PACHECOIf you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.Support the Show.
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William “Bill” L. Exeter serves as Chief Executive Officer, Chief Trust Officer, Chief Financial Officer, and Treasurer for various companies within The Exeter Group of Companies, including The Exeter Group, LLC and Exeter 1031 Exchange Services, LLC headquartered in San Diego, California, Exeter Trust Company and Exeter Asset Services Corporation headquartered in Cheyenne, Wyoming, and their affiliate companies. He is one of the founders of The Exeter Group of Companies and has been with the company since its inception in 2004. He is based in The Exeter Group of Companies’ national corporate headquarters office in San Diego, California.[00:00 - 06:04] Opening SegmentIntroducing William to the show!Partnering with someone who has a grasp of numbers and accounting[06:05- 13:41] Defer Taxes By Utilizing The 10 31 ExchangeThe 1031 exchange is a tax deferral strategy that allows homeowners to sell their property and reinvest the proceeds in something elseSelling at the top of the market can result in a large capital gain tax billReal estate professionals who is actively managing their portfolios[13:42 - 29:33] Identifying Goals And Objectives With The 1031 ExchangeThe 1031 exchange is a way to sell real estate and buy real estate at the same timeThe ways to fix the ownership of the property so that it qualifies for a 1031 exchangeA 1031 exchange is a way to sell the property and defer taxes by exchanging shares of the property for cashHow important it is to have a legal expert and a CPA on your team[29:34 - 33:38] Closing SegmentWilliam stresses the importance of having a teamSee the links below to connect with William!Quotes:“You can look at 1031 exchange. Selling your property, and reinvesting in something that makes more sense for you. It really needs to put you in a better position. ” - William "Bill" Exeter“I've always been fascinated with tax-deferred tax exclusion strategies. If you're going to work so hard and try to create your wealth, then you got to try to defer or exclude the taxes and that helps you build wealth even faster than if you paid the tax that you went along." - William "Bill" ExeterConnect with William through Website & YouTube!Connect with me:www.5talents.capitalLinkedInInstagramWatch 5T CRE on YouTubeLeave us a review and receive your free ebookEmail us --> [email protected] 5 TALENTS CAPITAL | ABEL PACHECOIf you are ready to start your investment journey with 5 Talents Capital, here are the next steps you should take:View our informational video and case study at https://5talents.capital/grow-your-wealth/After viewing the video follow the prompts which will lead you to a scheduling link to meet one on one with Abel Pacheco. Register for our investor portal here investor portal once registered you will be able to review some of our past deals and you will receive alerts for upcoming investment opportunities.I Help People Build Wealth And 10X THEIR MONEY By Establishing Multiple Income Streams Through Multi-Family Real Estate Investments.Support the Show.