Episode 393: Escaping the 1031 Trap, with Brett Swarts

Brett Swarts is a Deferred Sales Trust™ Trustee, DST expert, capital gains tax deferral expert, investment real estate expert, multifamily broker, and the founder of Capital Gains Tax Solutions – a company helping individuals to defer capital gains tax on the sale of their highly appreciated assets, eliminate the need for a 1031 exchange, and unlock transformational wealth building options so they can create & preserve more wealth. He created 'Capital Gains Tax Solutions' to equip high net worth individuals and their trusted advisors with the Deferred Sales Trust™ tool to help them solve capital gains tax deferral limitations.

What you will learn in this episode:

• What it means to be trapped by a 1031, and how to avoid it
• Who qualifies for a capital gains tax deferred sales trust
• What a Delayed Sales Trust is and how it works with taxes
• When you can take money out of your DST
• Why you should have a backup plan if you choose to do a 1031

Resources:

• Website: https://capitalgainstaxsolutions.com/
• LinkedIn Personal: https://www.linkedin.com/in/brett-swarts/
• LinkedIn Business: https://www.linkedin.com/company/capitalgainstaxsolutions/

Additional Resources:

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