#395: How to Sell a Rental and Pay ZERO Taxes (1031 Exchange Step-by-Step)
Real Estate Investing with Coach Carson
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Show Notes
⭐ Join Rental Property Mastery, my community of rental investors on their way to financial freedom: https://coachcarson.com/rpm
🎙️ Episode #395 – What if you could turn a single real estate deal into a 6-figure payday - tax-free? Investor Char Tovar did just that, using a powerful but often overlooked strategy. Hear how she pulled it off!
▶️ Next Episode: How Much Tax I Paid When I Sold a Rental Property https://youtu.be/SgNXl8eqa2U
📄 Show Notes: https://www.coachcarson.com/1031strategy/
🎬 Timestamps:
- (0:00) - Starting as a Part-Time Investor
- (4:26) - Buying Long-Distance in Tennessee
- (10:00) - Decision to Sell the Tennessee Property
- (17:45) - What is a 1031 Exchange?
- (21:52) - Rules and Timeline for 1031 Exchange
- (25:59) - Finalizing Sale and Initiating 1031 Exchange
- (28:39) - Char's Washington property
- (35:54) - Future Plans and Growth Strategy
- (40:04) - Lessons Learned and Reverse 1031
- (44:03) - How much taxes I paid when I sold my rental property
🔗 Connect with Char:
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Instagram: https://www.instagram.com/chartovar/
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Facebook: https://www.facebook.com/charemon1
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Website: https://CharTovarRealEstate.com
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Char's Prior Episode: https://www.coachcarson.com/overcoming-fears-first-rental/
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💰 DealMachine – Software to help you buy more real estate deals: https://www.coachcarson.com/dealmachine