PC&D Unscripted Ep. 58: 1031 Exchange Explained
Connect with us
Close Sidebar Panel Open Sidebar Panel
Advertisement

Video

PC&D Unscripted Ep. 58: 1031 Exchange Explained

Director of Tax for Red Rock Tax & Consulting Dave Haupt joins Rich to discuss a tax option for carwash operators.

Advertisement

On this Unscripted video, we welcome Dave Haupt ([email protected]), director of tax for Red Rock Tax & Consulting, to discuss how operators can utilize a 1031 exchange. In the video, Dave briefly explains what a 1031 exchange is, what the rules of the tax option are and what kind of businesses should consider it.

Click Here to Read More
Advertisement

For operators selling and buying washes considering a 1031 exchange, Dave suggests these steps, “Know what you want, that’s the beginning. Then, talk to your advisor, then getting in touch with your quality intermediary, selling the property, identifying the new one, buying it and then you’re off to the races.”

Be sure to subscribe to our YouTube channel to catch all the latest videos, including interviews in our PC&D Unscripted series.

Advertisement
Click to comment
Connect
Professional Carwashing & Detailing