New Episode 🎙 Ep 127: Did you know this… about Section 1031 (Property Exchange)? Capital Gains Taxes… it’s a subject that is a part of the conversation in ranching families when there is a desire to divest of ranch land. And if the land is sold outright, it leaves the seller liable for Capital Gains Taxes. This is where Section 1031 of the Internal Revenue Code comes in. Dal Houston, attorney from Alva, OK is my as we go through the details of using a 1031… but even more, than a way to defer ca

You Don’t know this TAX LOOPHOLE 👀 A 1031 exchange is a tax-deferral strategy in real estate, where an investor can sell an investment property and reinvest the proceeds into a “like-kind” property, deferring capital gains taxes. Named after Section 1031 of the IRS Code, this exchange allows the investor to avoid paying taxes on the sale of the property, as long as the proceeds are used to purchase another qualifying property within a specific time frame. This helps investors grow their real es