
Dave Foster The 1031 Investor Expert
- S10E3
- 29:49
- July 3rd 2021
Meet Dave Foster from Tampa, the nationwide qualified intermediator for 1031 Exchanges. In other words, an expert.
“Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it.”
― Albert Einstein
Dave can help my listeners understand the opportunities within a 1031 exchange and maximize REI returns with wealth building tax strategies.
Dave Foster, is Founder and CEO of The 1031 Investor.com where he offers a series of free video trainings on this government approved legal program to create wealth with real estate, and where you can request your free planning session.
He moved his way from Denver, CO to Tampa, FL over 10 years using the section 121 homestead exemption, so that he and his family could move onto a boat (which was a huge dream of his sailing around the Bahamas and Florida Keys.
Tune in to listen to how Dave raised his four boys on his boat while investing inproperties with the 1031 exchange.
Dave is a degreed accountant and serial real estate investor who is a qualified intermediary and consultant for tax saving strategies such as the 1031 exchange and the section 121 homestead exemption.
Dave started fix and flipping in the 90s and realized that about 40% of his profits were going directly to the IRS. Dave tells us about the updated rules and regulations around using the 1031 exchange to legally compound your tax interest that will stay with you instead of going straight to the government. Dave breaks down exactly how to use the 1031 exchange in layman’s terms.
- 1031 Exchange Basics,
- How to keep your taxes working
for you with a 1031 Exchange,
- When and why to use a 1031 Exchange,
- The portfolio impact of investing
with or without a 1031 Exchange,
- The Six Requirements of any Exchange,
- Advanced 1031 Exchange Options –
Reverse, FIRPTA, Construction,
- How to recognize and avoid
common 1031 Issues,
- How to transition from active
to passive using 1031 Exchanges.
Freshstart Podcast with Author D.L. Henning
Talk with Dave: Fill out the contact form here: DaveHenningCoaching.com
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