When I learned that my guest today had set up a REIT I invited him on the show to describe that process and in today's episode you are going to learn what's involved in that as well as about a different kind of tax free way to sell real estate and differ capital gains taxes the 721 exchange.

Joe's business is in the buying and managing of single family homes for rent yet his innovative use of this type of exchange into a REIT can doubtless be applied to any real estate asset class and can help you persuade a willing seller of a property you want to consummate a deal if you can explain to them how they can save on taxes at the same time.

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