Swapping until you drop? What lies ahead in 1031 exchanges? In this episode, we’re going to dive into them! Michael Brady is the Executive Vice President at Madison 1031 Exchange. Michael has over 25 years of experience as an attorney involved in real estate and business transactions, and his primary focus is assisting investors in deferring taxes through 1031 exchanges. With his experience, he has also assisted property buyers and their attorneys in obtaining title insurance and clearing title issues in over 20 states.
[00:01] – [03:49] Opening Segment
- Let’s get to know today’s guest, Michael Brady
- Michael gives an overview of 1031 Exchange
[03:49] – [10:09] The Future of 1031
- Michael talks about taxes
- It depends where you are
- Incentivizing and Curtailing 1031 Exchange
- A Political View on 1031
[10:10] – [17:14] Alternative to 1031
- Do not sell
- Qualified Opportunity Zone
- Delaware Statutory Trust
[17:15] – [20:20] Final Four Segment
- Michael’s advice to aspiring investors
- “You’re better off paying taxes than making a bad investment.”
- How Michael stays on top of his game
- Exercise and reading
- Michael’s way to make the world a better place
- Doing community work
- Reach out to our guests – see links below
- Final words
Tweetable Quotes
“We’re hopeful that cooler heads will prevail and they’ll see the wisdom of keeping 1031 intact in the packages coming up.” -Michael Brady
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Connect with Michael Brady through: mbrady@madison1031.com or LinkedIn. Check out https://1031zone.madison1031.com/ and keep posted on the future of 1031.
Connect with me:
I love helping others place money outside of traditional investments that both diversify a strategy and provide solid predictable returns.
Call: 901-500-6191
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Email me → sam@brickeninvestmentgroup.com
