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Doing a 1031 exchange at the wrong time could cost you hundreds of thousands, if not millions, of dollars over your real estate investing career. You may be saving a chunk of change on capital gains taxes, but you’re giving up something much greater that could help you reach financial freedom even faster. But don’t feel bad—most real estate investors are in this position and have ZERO clue. Here’s how you can avoid this million-dollar mistake.

Chris Lopez is back to showcase why he’s NOT using 1031 exchanges in 2024 and the massive wealth-building mistake most real estate investors will fall into. Using some basic math, it’s quite clear to see that 1031 exchanges have some serious tax-saving benefits, but in 2024’s high-interest rate environment, you may get even BETTER returns by selling and doing something not-so-obvious with the money.

Plan your money-making moves in real estate with EASY scenario modeling from Property Llama: [ Ссылка ]

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Cost Segregation Walkthrough on a 276-Unit (HUGE Tax Savings):
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Turning $50K into $1.5M With the “1031 Exchange” Strategy:
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What Is Depreciation in Real Estate?
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00:00 DON'T 1031 Exchange
01:54 Sponsor: Property Llama!
02:45 Why I'm Selling
04:11 Why a 1031 DOESN'T Work
05:42 The "Velocity of Money"
07:17 $130K Tax Bill!?
09:55 Option 1. Sell and Pay the Tax
10:39 Option 2. Sell and Use Depreciation
12:56 Option 3. Sell and Invest Passively
14:29 Six-Figure Tax Write-Offs
16:17 Make $1M More!
What Is Bonus Depreciation And How Does It Work?
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