Biden Hates Real Estate Investors | 1031 Exchange Abolished?

Buying Real Estate
On April 28, 2021 President Biden proposed the removal of the 1031 Exchange on properties with a profit of $500,000 or above. The 1031 Exchange allows real estate investors to purchase new properties with proceeds from other real estate sales without immediately paying taxes. If executed, this proposal could cause an even bigger surge of demand for smaller properties making it even harder for new investors and homeowners to find homes within their budgets.

Chandler David Smith has been investing in real estate for the last eight years. He now owns 122 units of rental real estate, eight of which he just purchased because of sending out mailers. In this video, Chandler shows you how if passed, the abolishment of the 1031 exchange would affect his real estate portfolio, strategy, and purchasing behaviors.

Get $50 off my new Real Estate Investing Course! Use coupon ( 50OFF ) Go to:
https://www.chandlerdavidsmith.com/course

To join my Facebook group, go to:
https://www.facebook.com/groups/chandlersmithmastermind/

To learn more about a job opportunity doing door to door sales with Chandler, go to:
https://www.elitesummersales.com/

If you’re interested in learning more about real estate investing, and you’d like to have one-on-one mentorship go to:
https://www.chandlerdavidsmith.com/

Check out some other videos if you want to learn more about investing in real estate, building a huge passive income, or preparing for your own future home.
Want to see all of Chandler’s real estate deals?
Real Estate Portfolio

What is a Good Deal?

Follow Chandler
INSTAGRAM
https://www.instagram.com/chandlerdavidsmith/

Facebook
https://www.facebook.com/chandler.smith.73

Products You May Like

Articles You May Like

Office Supplies
We Haven’t Seen This in 20 Years! – Do THIS Now!
Brand New House with Big Frontage and Lanai For Sale in BF Homes Parañaque City | Top Mini Tour
Will the Pandemic Change Real Estate Investing?
Aberdeen near top of rankings for U.S. real estate, population growth
Michael Saylor Claps Back At Bill Maher Over Bitcoin FUD

Leave a Reply

Your email address will not be published. Required fields are marked *