Looking to maximize your real estate portfolio without paying taxes upfront? Then, this conversation with Shane Thompson is perfect for you! Dive in as he breaks down the 1031 exchange and learn why timing, strategy, and smart reinvestments are critical to achieving long-term wealth.
WHAT YOU’LL LEARN FROM THIS EPISODE
- 1031 exchanges: What it is and how they allow real estate investors to defer capital gains taxes
- Key timelines and rules to successfully execute a 1031 exchange
- How to trade up from underperforming properties to higher-quality investments.
- The compounding power of reinvesting equity and why timing matters
- Strategies to turn a single property into a self-growing portfolio using 1031 exchanges
ABOUT SHANE THOMPSON
Shane began investing in real estate in 2011 after being introduced to Ron Phillips and the RP Capital team. Their success in real estate led Shane to join RP Capital a few years ago, where he now helps others achieve their financial goals through real estate investing. When Shane isn’t discussing investment properties, he enjoys playing sports, including basketball, golf, and snowboarding. He also loves watching his kids’ soccer games.
CONNECT WITH SHANE
- Website: RP Capital
- LinkedIn: Shane Thompson
CONNECT WITH US:
- If you need help with anything in real estate, please email invest@rpcinvest.com
- Reach Ron: RP Capital
- Leave podcast reviews and topic suggestions: iTunes
- Subscribe and get additional info: Get Real Estate Success
- Facebook Group: Cash Flow Property Facebook Community
- Instagram: @ronphillips_
- YouTube: RpCapital
- Get the latest trends and insights: RP Capital Newsletter
