Discover how to maximize your asset value with a 1031 exchange. Learn the strategies for a successful and optimized property swap.
Optimizing a 1031 Exchange To Maximize Asset Value
Kurt Volk is a real estate investor who owns 19 properties in Tulsa, Oklahoma City, and St. Louis. He has been investing in real estate since 2009.
Here’s a glimpse of what you’ll learn:
- Kurt Volk talks about his first real estate acquisition and maintaining historical standards for renovations
- How Kurt leveraged the 1031 exchange method to swap his first rental property
- Maximizing real estate asset appreciation using the 1031 exchange
- Advice for optimizing a 1031 exchange to acquire additional deals in a volatile market
In this episode…
Real estate is becoming a costly investment with inflation and rising mortgage rates, tax rates, and acquisition fees. Yet, it remains a preferred method of building wealth. So, how can you invest wisely to maximize the value of your assets?
After purchasing and renovating a dilapidated historical property, Kurt Volk utilized the 1031 exchange method to defer capital gains tax and acquire additional properties. This strategy allows you to build your portfolio with profitable investments that appreciate over time. You can conduct regular maintenance and refinance properties for improved rates by saving money on taxes.
Join Mat Zalk in this episode of The Same Day Podcast as he speaks with Kurt Volk about acquiring profitable investments through the 1031 exchange method. Kurt talks about how he maintained historical standards on his first real estate acquisition, how to maximize real estate asset appreciation with a 1031 exchange, and advice for optimizing a 1031 exchange.
Sponsor for this episode…
This episode is brought to you by Keyrenter Property Management.
Keyrenter Property Management is a full-service property management company who helps their clients buy, renovate, and operate real estate assets.
They help clients build wealth while taking the headache out of property management.
That’s why, no matter what rental you have—single-family homes, condos, townhomes, or apartments—they can give you the management solutions you need.
To learn more about their services, visit https://keyrenterpmc.com/ or email them at [email protected].