Coaching Call: Avoiding Costly 1031 Exchange Mistakes in Real Estate Investing

Coaching Call: Avoiding Costly 1031 Exchange Mistakes in Real Estate Investing

Author: Lane Kawaoka, PE October 8, 2024 Duration: 14:04

Check out our past deals, future ones, and join our community: https://thewealthelevator.com/club/


Coaching Call: Avoiding Costly 1031 Exchange Mistakes in Real Estate Investing


In this episode, we dive into a one-on-one coaching call where we discuss alternatives to the 1031 exchange, recounting personal experiences and valuable lessons. Join us as we reconnect with a past client, explore the pitfalls of traditional investment strategies, and analyze the benefits of diversifying into value-add projects. Whether you're a seasoned investor or new to the community, this episode offers insights into smarter, more sustainable investing. Don't miss the chance to learn from real-life experiences and expert advice!


00:00 Introduction to the Coaching Call

00:30 Reflecting on Past Experiences

01:12 Community and Networking

02:51 Coaching Call Begins

03:23 Discussing 1031 Exchange Options

04:33 Tax Implications and Strategies

07:08 Exploring Investment Alternatives

11:03 Final Thoughts and Advice

13:17 Conclusion and Farewell


Hosted on Acast. See acast.com/privacy for more information.


Hosted by Lane Kawaoka, PE, The Wealth Elevator Podcast: Real Estate, Taxes, Investing is a practical conversation about building wealth beyond a traditional salary. Lane started in 2009, purchasing small rental properties while working as a W2 engineer, and has since helped manage over $2.1 billion in assets as a general partner. This journey forms the backbone of the discussions, where he breaks down a clear, three-step system for financial growth. You'll hear detailed explorations of alternative investments designed to diversify a portfolio, alongside deep dives into strategic tax planning. The focus is on actionable knowledge, moving from theory to the real-world mechanics of investing. Each episode aims to demystify complex topics, offering a path that has been personally traveled. This isn't about get-rich-quick schemes; it's a methodical look at creating lasting financial freedom through real estate and other asset classes. Tune into this podcast for straightforward advice from someone who has navigated the path from employee to investor, sharing lessons learned to help others elevate their own financial trajectory. The tone is direct and informed, rooted in Lane's professional engineering background, making complex subjects accessible for anyone ready to take control of their financial future.
Author: Language: English Episodes: 100

The Wealth Elevator Podcast: Real Estate, Taxes, Investing
Podcast Episodes
Ask an Estate Attorney: Values & Planning with Andrew Howell [not-audio_url] [/not-audio_url]

Duration: 28:31
📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/m…
Rethink Your 401(k) Strategy Now: Important Tax Implications [not-audio_url] [/not-audio_url]

Duration: 6:49
In this episode, we delve into why many investors over 55 regret heavily contributing to deferred 401(k)s and other retirement plans, primarily due to future high tax brackets. We discuss alternative investment strategie…
Networking with Accredited investors is Critical [not-audio_url] [/not-audio_url]

Duration: 35:22
📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/m…
Maximize Your Rental Property Returns: Should You Sell and Reinvest? [not-audio_url] [/not-audio_url]

Duration: 19:40
📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/m…
Asset Protection with Scott Royal Smith [not-audio_url] [/not-audio_url]

Duration: 50:00
📚 Unlock the secrets to building wealth! My book and 12-module Masterclass cover everything I’ve learned about passive investing and creating financial freedom. Watch it on-demand for FREE: http://thewealthelevator.com/m…