45: Understanding the 1031 Exchange and Alternatives

The Short Term Rental Profits Show

Today, Jason Hartman unlocks one of the most powerful investment tools as an alternative to the 1031 exchange. The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and a new depreciation schedule.

Before this investment skill is revealed, Jason shares an update on the promise of the ‘federal’ reserve plan to keep the economy in shape. Beware of the elevator, even the NYTimes is talking about the population density problem.

Key Takeaways:

[2:10] The US ‘federal’ reserve is taking the role of buzz lightyear, to infinity and beyond. They will provide unlimited asset purchases, with no limit to what they will do to prop up the economy

[5:32] Winning is a relative game: Here’s how you do it!

[9:35] “Density is really an enemy in a situation like this (coronavirus)” NYTimes Dr. Steven Goodman, an Epidemiologist at Stanford University

[10:10] Trump is going to reopen the US

[11:00] Chinese are cleaning their money, digital currency

[12:00] Everybody needs more room if we are going to be at home all the time

[14:25] Guest, Tom

[16:45] If you do an installment sale, you pay taxes on an annual basis

[19:15] Why is a QI (qualified intermediary) needed?

[25:50] The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and depreciation schedule

[28:50] Don’t forget the rule of 72

[33:10] This can be a rescue from a 1031 exchange that isn’t working out

Websites:

1-800-HARTMAN

www.JasonHartman.com

Jason Hartman PropertyCast (Libsyn)

Jason Hartman PropertyCast (iTunes)