What does it mean to be an accredited investor? Brian talks about what’s required and what it looks like if you qualify. The options are different for an accredited investor, which has come up for some of his clients in need of creative solutions such as a 1031 exchange. Another question is, are reverse 1031 exchanges legal? Later in the show, Brian shares about helping his clients through a 1031 exchange.
Brian also answers a question from the mailbag about what it would take to maintain the same lifestyle that they have now. What kind of savings is needed in retirement?
Here’s what you’ll learn in today’s show:
- What is the role of an accredited investor? (0:21)
- Are reverse 1031 exchanges legal? (9:45)
- Do I need to save more for retirement to maintain my lifestyle? (12:49)
- What client examples does Brian have about 1031 exchanges? (19:36)