Welcome to passive real estate investing, the show where busy people like you learn

how to build substantial passive income while creating wealth for the long term.

And now here's your host, Marco Santorelli.

Hello my friends and welcome to another episode of Now here's your host, Marco Santorelli.

Hello, my friends and welcome to another episode of passive real estate investing

and I am your host, Marco Santorelli.

Thank you for joining me.

And I hope you can pay attention to today's episode. It's about 30 minutes. It is about the 1031 exchange.

And it's something I talk about frequently on the show, but I don't go into a lot of detail, but it's essentially known as a like-kind exchange.

It's a tax-deferred exchange. It allows you to take your equity from the sale of your assets and move that into other investments, like kind

investments, similar investments, similar assets without generating any tax impact. No tax liability, meaning you can do it tax-free. And

when you stop to understand the power of doing this, you will realize that you can keep everything you've gained, everything you've

earned in those capital gains and compound them. Turn them into additional gains by

multiplying the effects of what you can invest in,

growing a larger portfolio, increasing your cash flow, increasing your gains,

keeping the equity and using that to gain more equity through appreciation from increasing the size of your portfolio.

It's not a difficult thing to do, it's not a difficult concept, it's actually quite easy to understand once you wrap

your head around it. People do it all the time. Investors are doing this all the time

to increase their portfolio size and maximize the wealth creation that happens.

And when you really stop to think about the power of compounding,

what Einstein called the eighth wonder of the world,

you will realize you can increase your wealth by four times or more in a similar time period than you would or could otherwise.

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