Become a Black Belt in 1031 Exchanges with Dave Foster

The Limitless MD

Tired of watching your hard-earned money disappear into Uncle Sam's pockets every time you sell an investment property?

As a busy physician, you know that time is your most precious commodity. But what if you could grow your wealth exponentially without sacrificing your valuable time or paying a fortune in taxes?

Dave Foster, a 1031 exchange expert who has helped hundreds of thousands of investors defer taxes and build lasting wealth, joins us to reveal the secrets to leveraging this powerful tax strategy to supercharge your real estate investing.

You'll discover how to use the four D's of 1031 investing to compound your wealth, adapt to market changes, and create a legacy for generations to come. Plus, Dave breaks down the timeline and requirements for executing a successful 1031 exchange, so you can maximize your returns with confidence.

Whether you're a seasoned real estate investor or just starting to explore the possibilities, this episode will equip you with the knowledge and tools you need to achieve financial freedom on your terms.

Grab a copy of Dave's best-selling book, "Lifetime Tax-Free Wealth: The Real Estate Investor's Guide to the 1031 Exchange."

"1031 exchanges are probably the most powerful wealth-building tool that's actually written into the tax code." - Dave Foster

In This Episode:

- Dave Foster's personal journey with 1031 exchanges

- Why do you need a 1031 exchange qualified intermediary?

- The history of 1031 exchanges

- Why aren't more people using 1031 exchanges?

- 1031 Exchange Basics: timelines, requirements, and misconceptions

- The Four D's of 1031 Investing

- Expanding your real estate portfolio with 1031 exchanges

- Real-world examples of how physicians can use 1031 exchanges to build wealth

- Advanced strategies: using 1031 exchanges for syndications and REITs

- REITs vs. Real Estate: separating equities and real estate for optimal tax benefits

Resources:

➡️ Free community of high-performing physicians: the Physician Wealth Accelerator - https://limitless-md.mn.co/

➡️ Check out my programs - https://vikramraya.com/coaching-tab-revamp/

➡️ Join our Mastermind - www.i8mastermind.com

➡️ Learn Small Multifamily Real Estate - www.MDTycoon.com

➡️ Lifetime Tax-Free Wealth by Dave Foster - https://amzn.to/3L4pbyd

Connect with Dave Foster

🔗 LinkedIn: https://www.linkedin.com/in/davefoster1031/

🌐 Website: https://www.the1031investor.com/

🐦 Twitter: https://twitter.com/DaveFoster1031

👤 Facebook: https://web.facebook.com/the1031investor

🎞 YouTube: https://www.youtube.com/c/The1031Investor

Connect with Vikram:

🌐 Website - https://vikramraya.com/

📸 Instagram - https://www.instagram.com/vikramraya/

👤 Facebook - https://www.facebook.com/Vikramrayamd

🔗 LinkedIn - https://www.linkedin.com/in/vikramraya/

Special Thank You to Music Provided by Music Library: https://soundcloud.com/music-library-non-copyrighted-sounds/300-violin-orchestra-jorge-quintero-copyright-and-royalty-free