Are you unknowingly giving the government money you could be investing in better properties?

Daniel Gutierrez and Shannon Dempsey explore the powerful but often misunderstood world of 1031 exchanges in this comprehensive episode. Dating back to 1921, these like-kind exchanges allow real estate investors to defer capital gains taxes when selling investment properties. The strategy has evolved significantly, particularly after the 2017 Jobs Act restricted exchanges to real estate only. Daniel explains the critical 45-day identification period and 180-day closing timeline that can make or break an exchange.

The conversation reveals both opportunities and dangers in the 1031 exchange process. While investors can build substantial wealth by continuously deferring taxes and upgrading properties, the lack of regulation around qualified intermediaries creates serious risks. "Pretty much anyone could do it," Daniel warns about intermediaries, sharing stories of investors losing everything to bad actors. Shannon and Daniel emphasize the importance of strategic planning, proper timing, and working with reputable professionals. What makes this tax strategy so compelling? The hosts reveal that approximately $51 billion in deferred taxes currently sits in 1031 exchanged properties nationwide.

In This Episode:

• (00:00) Introduction to 1031 exchanges and their history

• (02:41) What is a 1031 exchange - elevator pitch definition

• (07:28) How 1031 exchanges work - the step-by-step process

• (15:27) Qualified intermediaries - the wild west of regulation

• (18:14) Advantages and success stories of 1031 exchanges

• (20:46) Risks, pitfalls and what can go wrong

• (31:20) Augusta Rule and other tax strategies

• (40:12) Final thoughts and closing advice on 1031 exchanges

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About the Show

In this no-holds-barred real estate podcast, industry experts Daniel Gutierrez and Shannon Dempsey share unfiltered insights on maximizing property value in today's complex market. Daniel, the entrepreneurial force behind AllView Real Estate, has an MBA from UCLA Anderson and extensive experience in acquiring undervalued properties across Southern California and Nevada. Shannon’s communications background and dedicated real estate expertise since 2013, offer a unique perspective shaped by her community relations experience with the San Diego Chargers. Together, they deliver practical strategies for buyers, sellers, investors, and renters. From psychological pricing tactics to ROI-focused improvements, these seasoned pros reveal the insider techniques that have powered their success. Whether you're selling, renting, or investing, their combined expertise transforms complicated market dynamics into straightforward strategies you can implement immediately.

Resources:

https://allviewrealestate.com/

https://www.linkedin.com/in/shannon-dempsey-aaa39828/

https://www.linkedin.com/in/daniel-gutierrez-mba-68954923/

AllView 360 is th...

• (00:00:00) - All-View360: Real Estate Podcast
• (00:00:46) - What is a 1031 Exchange?
• (00:05:45) - Homeownership Tax Exclusion
• (00:07:27) - What is a Qualified Investment Property Transaction?
• (00:15:12) - Qualified Intermediaries
• (00:17:56) - Dividend Deferment: The Pros and Cons
• (00:20:46) - What are the risks and pitfalls of buying and selling real estate?
• (00:22:28) - Capital Gains Taxes
• (00:28:16) - Cash Out Refi
• (00:31:21) - Do You Can Rent Your Home Tax Free?
• (00:35:04) - What is the number of deferred taxes in 1031 Exchanges?
• (00:37:52) - What is a 1031 Exchange and How Do They Work?
• (00:39:52) - 1031 Securities: Do You Need a Qualified intermediary?
• (00:41:16) - Next Topic
• (00:41:43) - All Things Real Estate, In 360