The Chris Miles Money Show: How to Tax Free 1031 Transfer Into Multifamily Syndications with Stephanie Walter | 574
There are tons of options out there for you and that’s what our guest, Stephanie Walter, is going to share with us today too.
Stephanie Walter is the CEO of Erbe Wealth. She’s a capital raiser, syndicator, and real estate investor who just recently retired and sold her insurance agency of 16 years by following key principles that she is also teaching other professionals to use.
Watch now to learn more about another alternative investment option you can take advantage of, how you can use it in syndications, and what you should expect from it when you do it!
Key Talking Points of the Episode
[01:31] Who is Stephanie Walter?
[02:24] What is Stephanie’s background?
[03:40] Stephanie’s journey into real estate
[04:48] Finding her partner in business
[09:57] What is a 1031 Exchange?
[10:34] What can you exchange your property for?
[14:02] Looking at your cash flow and equity
[15:58] How do the properties do during recessions?
[18:00] How can you follow Stephanie?
“I loved the idea of kinda like a group of people buying something that no one could do on their own.”
“I completed my first syndication in 2018 by myself, and realized that I never ever want to do that by myself ever again.”
“A 1031 Exchange is what a lot of people that own rental properties can use to avoid paying the capital gains tax.”
“I think where most people get tied up and confused is actually, you can exchange your property for anything. A lot of people think, “oh, it has to be the same property”.”
“It could be anything. You can exchange your regular rental into land, into anything that’s a real property.”
“It makes sense to sell it so they can make a much higher cash flow.”