5 Talents Podcast - How To Build Wealth Through Real Estate
Business:Investing
William Exeter - Defer Taxes By Utilizing The 1031 Exchange
William “Bill” L. Exeter serves as Chief Executive Officer, Chief Trust Officer, Chief Financial Officer, and Treasurer for various companies within The Exeter Group of Companies, including The Exeter Group, LLC and Exeter 1031 Exchange Services, LLC headquartered in San Diego, California, Exeter Trust Company and Exeter Asset Services Corporation headquartered in Cheyenne, Wyoming, and their affiliate companies. He is one of the founders of The Exeter Group of Companies and has been with the company since its inception in 2004. He is based in The Exeter Group of Companies’ national corporate headquarters office in San Diego, California.
[00:00 - 06:04] Opening Segment
[06:05- 13:41] Defer Taxes By Utilizing The 10 31 Exchange
[13:42 - 29:33] Identifying Goals And Objectives With The 1031 Exchange
[29:34 - 33:38] Closing Segment
Quotes:
“You can look at 1031 exchange. Selling your property, and reinvesting in something that makes more sense for you. It really needs to put you in a better position. ” - William "Bill" Exeter
“I've always been fascinated with tax-deferred tax exclusion strategies. If you're going to work so hard and try to create your wealth, then you got to try to defer or exclude the taxes and that helps you build wealth even faster than if you paid the tax that you went along." - William "Bill" Exeter
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