Trapped by the Win: How to Keep t...
Trapped by the Win: How to Keep the Gains and Take the Exit with Ashley Romiti

Escape The Clock: How to Become Financially Free and Have th... by Daniel C. Rodgers

Episode notes

What if a third of everything you built disappeared on the way out the door?

Ashley Romiti underwrote more than $500 million in real estate as an investment property agent in Orange County. After nearly 15 years in commercial real estate she kept seeing the same story: longtime owners on appreciated property, worn down by management, with no idea what their exit options were. So she founded GCA 1031, where she helps retiring landlords move into passive, tax-deferred income.

In this episode, Ashley explains why a sale can hand 30% to 40% of the gain to capital gains, depreciation recapture, net investment income tax and state taxes, how a 1031 exchange defers the entire bill, why the 45-day and 180-day deadlines carry no extensions, how Delaware Statutory Trusts trade the keys for shares of institutional real estate, and the fee loads  ... 

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Keywords
financial independence1031 exchangedelaware statutory trustDST 1031how to avoid capital gains taxdepreciation recaptureselling rental property taxespassive real estate incomehow to retire from rental propertiesreal estate exit strategy