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Hello, this is Brad Wiseman.

You're listening to Real Estate and you.

We have a really cool show lined up for you here today.

This is something a little different.

We're going to dive into some investing-type language.

It's called the 1031 Tax Exchange. And I've to dive into some investing type language. It's called

the 1031 tax exchange. And I've been a realtor for 29 years, and I've got to tell you, I don't

know what I should know about 1031 tax exchanges. So we have a guest, Dave Foster, that is going

to join us here in a couple seconds. He's going to talk about 1031 tax exchanges and everything

to know about those.

So without any delay, here we are with Dave Foster. How you doing, Dave?

Absolutely awesome, Brian. I'm glad you to be here today. Well, I'm glad you're here today. I'm very

glad you're here. So I'm just going to go a little bit over your,

your bio, because this is, this is pretty cool. You're, you're actually an accountant,

and it says a serial real estate investor, which is kind of funny, is qualified intermediary

consultant for tax saving strategies such as the very famous 1031 tax exchange. It says here,

you started fixing and flipping

properties than the 90s and realized that about 40% of your profits were going directly to the IRS,

...