The Tax Strategy Every Doctor Needs


Could skipping a 1031 exchange be costing you hundreds of thousands of dollars? Most real estate investors know about 1031 exchanges, but few understand how to execute them without scrambling at the last minute or ending up in a bad deal.

In this episode of the Doctors Building Wealth Podcast, Leti and Kenji break down everything you need to know about 1031 exchanges, from the basic mechanics to the exact strategies they use to avoid the most common mistakes. They share real examples from their own portfolio, including creative timeline extensions and how they plan replacement properties before listing a single thing for sale.

BY THE TIME YOU FINISH LISTENING, YOU'LL DISCOVER:

The shocking long-term wealth difference between selling with a 1031 and selling without one
The difference between a "lazy 1031" and a traditional delayed exchange, and why one is far more efficient
The two deadlines you absolutely cannot miss, even by hours
How tenants in common structures let you 1031 into much larger deals alongside other investors
Why 1031 exchanges may be one of the most powerful ways to pass wealth to your children completely tax-free

Whether you're selling your first duplex or scaling into commercial properties, this episode gives you a clear, practical framework for executing 1031 exchanges the right way.

⏱️ TIMESTAMPS
0:00 — Introduction: Why You Should Almost Always 1031 Exchange
0:44 — What Is a 1031 Exchange?
1:18 — The Real Cost of Paying Taxes Instead of Deferring
2:23 — Anyone Can Use This, No Special Status Required
2:41 — Step-Up in Basis: Passing Wealth to Your Kids Tax-Free
3:32 — What Is a "Lazy 1031" Exchange?
4:19 — The Traditional (Delayed) 1031 Exchange Explained
5:14 — Reverse 1031 Exchanges and Why They're Rare
5:30 — How to Actually Execute a 1031 Exchange
6:06 — The 45-Day Identification Rule
7:10 — The 180-Day Closing Deadline
7:51 — Choosing a 1031 Exchange Intermediary
8:54 — Why You Should Find Your Replacement Property FIRST
10:12 — Creative Timeline Extensions (Lease-Back Strategy)
11:42 — Listing Multiple Replacement Properties
12:30 — Choosing a Reputable Intermediary Company
13:25 — The No-Fee 1031 Exchange Option
14:22 — Why We Always 1031 Exchange
15:42 — Scaling Up with Bonus Depreciation
16:33 — Tenants in Common Structures for Going Bigger
17:30 — Closing Thoughts

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RESOURCES WE MENTIONED IN THIS EPISODE
Our 1031 Exchange Company Partners: [HERE]
1031 Exchange Blog Article: [HERE]

Results vary. This is not financial advice. See our full disclaimer at semiretiredmd.com.

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✅ About Semi-Retired MD:
Welcome to the Semi-Retired MD channel! We help doctors and high-income professionals achieve financial freedom through real estate investing. Our goal is to empower you to replace your clinical income so you can practice medicine on your terms, retire early, or create generational wealth.

We specialize in:
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✅ Real estate tax strategies like the Real Estate Professional Status (REPS)
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✅ Investing in real estate while working full-time

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