317: Federal Reserve, 1031 Exchange Alternative, Population Density
Today, Jason Hartman unlocks one of the most powerful investment tools as an alternative to the 1031 exchange. The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and a new depreciation schedule.\xa0
Before this investment skill is revealed, Jason shares an update on the promise of the \u2018federal\u2019 reserve plan to keep the economy in shape. Beware of the elevator, even the NYTimes is talking about the population density problem.\xa0
Key Takeaways:
[2:10] The US \u2018federal\u2019 reserve is taking the role of buzz lightyear, to infinity and beyond. They will provide unlimited asset purchases, with no limit to what they will do to prop up the economy
[5:32] Winning is a relative game: Here\u2019s how you do it!
[9:35] \u201cDensity is really an enemy in a situation like this (coronavirus)\u201d NYTimes Dr. Steven Goodman, an Epidemiologist at Stanford University
[10:10] Trump is going to reopen the US
[11:00] Chinese are cleaning their money, digital currency
[12:00] Everybody needs more room if we are going to be at home all the time
[14:25] Guest, Tom
[16:45] If you do an installment sale, you pay taxes on an annual basis
[19:15] Why is a QI (qualified intermediary) needed?
[25:50] The great thing about coupling an unsecured loan with a qualified intermediary installment sale is that you start with a new property and depreciation schedule\xa0
[28:50] Don\u2019t forget the rule of 72
[33:10] This can be a rescue from a 1031 exchange that isn\u2019t working out
Websites: