The Creative Cash Flow Show Episode 038: How to Defer ALL Your Taxes with 1031 Exchange Expert Jeff Peterson

Jan 16, 2023

We’re all about creative ways to build wealth here on the Creative Cash Flow Show, and today I’m excited to share my conversation with 1031 exchange expert, Jeff Peterson! You’ve heard it a few times here on the show and it’s true, having the right team in your corner MAKES all the difference, and we mean financially! Tune in to this episode as Jeff shares what a 1031 exchange is, the right properties and investors this real estate investing tool is best for, and the types of properties it’s NOT for! Let me know your takeaways from this episode! Shoot me a DM on instagram and get in touch with Jeff and his team (see his contact details in the Resources + Links section) with any questions! Cheers to building more wealth, and keeping it in 2023 and beyond!

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WATCH THE FULL EPISODE HERE:

EPISODE HIGHLIGHTS:
01:30 Meet 1031 Exchange Expert, Jeff Peterson!
04:00 What is a 1031?
08:15 The impact Jeff’s wife has on their business.
14:30 How can you build wealth with 1031 exchange?
18:00 With 1031’s do you never pay taxes?
24:00 When do people need to talk to you?
27:40 Avoid mistakes by making sure to have the right team in place!
33:30 When is a 1031 exchange not needed?
36:15 How does creative financing come into play when using a 1031?
42:45 How quickly can I purchase a property and then turn around and sell it?
46:00 What if you are house flipping?
50:00 Do vacation homes and short term rentals qualify for 1031?
57:40 What about “like-kind”?

 

RESOURCES & LINKS

Get my FREE tool to crush your 2023 goals!
https://newyeargoalplanner.com

 

Learn more ways to create cash flow on Jesse’s website
https://www.thejessemills.com/home


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Text TIPS to 612-662-6629 for more cash flow tips like this!