ilmscore | Prediction Details
"if you go out and invest all this money into a real estate investment a like kind exchange well now you get to defer all of these taxes you don't have to pay any taxes on this profit and now you own a bigger property which means you're going to be making more money you get a bigger tax deduction and now you get bigger cash flows"
By Minority Mindset | November 12, 2023 | Pending
From video
How The Wealthy Pay No Taxes (And How You Can Too) | Jaspreet Singh 01:27:01 - 01:27:17
Interpreted Prediction
A 1031 exchange allows real estate investors to defer taxes on profits by reinvesting in another like-kind property, enabling wealth growth and larger deductions.

Prediction Details

Topic
1031 Like-Kind Exchange for Real Estate

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