Bucks To Business

Greg has over 25 years experience in commercial and residential real estate law. He dedicates a significant portion of his time speaking to attorneys, CPAs, escrow officers, real estate agents/ brokers and investors on the many ways to improve investment returns through IRC Section 1031. His exchange presentations are practical and feature many real-life exchange scenarios to illustrate a wide range of investment and tax strategies. On this episode, Greg breaks down the 1031 exchange as it pertains to selling land. He and Kasey present a scenario to walk through each step in the process of creating the best possible investment returns through Section 1031. Enjoy! (0:36) - What is a 1031 Qualified Intermediary? (2:42) - The 1031 Exchange (5:53) - Market Capitalism (6:48) - Scenario: What a 1031 Exchange is and what it does (18:23) - applications to primary residences (19:46) - The importance of timelines (25:20) - Negative surprises on money you reinvest  (26:12) - Having a great broker team for Land Rich and