1031 Exchanges & The Government Gives Tax Tips?

Retire With Integrity Podcast with Brian Bowen

In this episode, Brian Bowen and Brett Sharp discuss the 1031 exchange and its benefits for real estate investors. They explain the process of a 1031 exchange and the importance of finding a qualified intermediary. Additionally, they explore various tax strategies for selling a business, suggested by the governemnt! That's kinda crazy, right? Some tips like negotiating the sale of a sole proprietorship and selling a partnership interest. They highlight the advantages of opportunity zones and the benefits of employee stock ownership plans (ESOP) for business owners and employees.

• What is a 1031 Exchange (:29)
• The process of the 1031 Exchange (3:23)
• The tax benefits of a 1031 Exchange (7:46)
• The government is giving out tax tips? (12:23)
• Opportunity Zones and tax deferrals (16:26)