CW 714 - 3 for 1 Tax-Free Exchanges, Refi-Till-Ya-Die vs 1031 Exchange

Jason and Fernando discuss the exodus by the wealthy, from the social republic of California, to states which have no income tax requirements. Will Scottsdale Arizona be the new landing pad due to its highly-ranked school systems, low cost of living and year-round climate friendliness? If you want to find out more about properties in Scottsdale just use your new Real Estate Tools app. What? You don’t have it yet? Then you should sign up for the upcoming event in Phoenix where the app will be unveiled. This special event on September 10th & 11th includes property presentations from Local Market Specialists and opportunities to buy properties.

Key Takeaways:

[1:34] Fernando changed jobs, states and lowered all of his costs.

[5:24] The school system in Arizona boast 6 of the top 20 high schools in the US.

[9:35] Why is Fernando’s cost of living important to him?

[13:26] There is no money in home equity!

[15:07] Kiva microfinancing has a matching donor program. It’s a win-win.

[20:37] Refi-till-ya-die has a flaw. If a property's appreciation has exceeded expectations it’s ok you can still perform a 1031 exchange.

[28:28] Linear markets have growth potential in addition to their rental income.

[30:36] The Property Tracker Software is made for income property investors. 

[32:55] Investors can meet Local Market Specialists at the Buying Event.

Mentioned in This Episode:

Jason Hartman

Venture Alliance Mastermind

Real Estate Tools

Property Evaluator