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Going Long Podcast with Billy Keels

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  2. How The 1031 Exchange Can Serve You and Your Long Distance Investing Success - Alex Olson

How The 1031 Exchange Can Serve You and Your Long Distance Investing Success - Alex Olson

Oct 24, 2022

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Click the link HERE. 

Going Long Podcast Episode 258: How The 1031 Exchange Can Serve You and Your Long Distance Investing Success

( To see the Video Version of today’s conversation just CLICK HERE. )

In the conversation with today’s guest, Alex Olson you’ll learn the following:

 

  • [00:39 - 03:44] Show introduction with comments from Billy.
  • [03:44 - 07:39] Guest introduction and first questions.
  • [07:39 - 15:55] The backstory and decisions made that led Alex to this point in his journey.
  • [15:55 - 19:46] How Alex was able to feel comfortable and confident about the idea of investing in Real Estate long-distance and out of State, rather than sticking to his local, home market location. 
  • [19:46 - 31:28] Alex gives us an in depth “101”, and explains what a 1031 exchange is, and when and how you might want to use it.
  • [31:28 - 40:06] The main pros and cons of making use of the 1031 exchange.

Here’s what Alex shared with us during today’s conversation: 

 

  • Where in the world Alex is based currently: Kansas City, Missouri.
  • The most positive thing to happen in the past 24 hours: Alex went with his daughter to her first choir practice and she was really nervous, but she ended up realising it wasn’t so bad and had a great time, which made Alex very proud!
  • Favourite city in Europe: Rome. Italy.
  • A mistake that Alex would like you to learn from so that you don’t have to pay full price: Slow and steady wins the race!
  • Book Recommendation: Am I Being Too Subtle? , by Sam Zell - https://www.amazon.com/Am-Being-Too-Subtle-Straight/dp/1591848237 

 

Be sure to reach out and connect with Alex Olson by using the info below:  

 

 

 

To see the Video Version of today’s conversation just CLICK HERE.

 

How to leave a review for The Going Long Podcast: https://youtu.be/qfRqLVcf8UI  

 

Start taking action TODAY so that you can gain more Education and Control over your financial life.

 

Are you an Accredited Investor that’s tired of getting crushed by paying so much in income tax? Find out how we’re helping others like you keep Uncle Sam out of your pocket. Go to https://www.firstgencp.com/goinglong

 

Be sure to connect with Billy!  He’s made it easy for you to do…Just go to any of these sites: