# Once You Sell, It’s Too Late: The 1031 Exchange Mistakes Investors Regret Most with Scott Saunders Page: https://stenobird.com/podcast/the-wealth-without-wall-street-podcast-743349/once-you-sell-it-s-too-late-the-1031-exchange-mistakes-investors-regret-most-with-scott-saunders Text version: https://stenobird.com/podcast/the-wealth-without-wall-street-podcast-743349/once-you-sell-it-s-too-late-the-1031-exchange-mistakes-investors-regret-most-with-scott-saunders.md Podcast: [The Wealth Without Wall Street Podcast](https://stenobird.com/podcast/the-wealth-without-wall-street-podcast-743349) Published: 2026-04-09T05:00:00+00:00 Episode link: https://www.wealthwithoutwallstreet.com/podcast/once-you-sell-its-too-late-the-1031-exchange-mistakes-investors-regret-most-with-scott-saunders Audio file: https://episodes.captivate.fm/episode/ed1d54eb-63bc-494a-9ca8-ed8b6482b6c7.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-wealth-without-wall-street-podcast-743349/episodes/once-you-sell-it-s-too-late-the-1031-exchange-mistakes-investors-regret-most-with-scott-saunders Duration seconds: 1885 ## Resource If you're selling property without understanding the full benefits of a 1031 exchange, you might be setting a huge chunk of your investment on fire. In this episode, Scott Saunders joins Russ and Joey to discuss the critical mistakes investors make when selling properties and how they can affect your wealth. Scott, a 1031 exchange expert, shares his decades of experience in navigating this often-overlooked tax-saving strategy. He explains the real cost of not using a 1031 exchange, with taxes potentially eating up 30–50% of your property’s equity. But it’s not just about avoiding taxes. It’s about smart, strategic investing. Scott explains that knowing the right time for a 1031 exchange and how to structure it properly can help diversify your real estate portfolio. He also shares his best and worst experiences with the 1031 exchange process. Learn how you could make your next property sale an opportunity for growth. Top three things you will learn: -How to avoid tax losses when selling a property -The key mistakes investors make in 1031 exchanges -How to leverage 1031 exchanges for portfolio growth About Our Guest: Scott Saunders has an extensive background in IRC 1031 tax-deferred exchanges, having been involved in structuring thousands of 1031 exchanges during his 34 years in the exchange industry. He dedicates a significant portion of his time to presenting classes and podcasts on intermediate and advanced 1031 exchange strategies to accountants, attorneys, financial advisors, real estate brokers, and principals nationwide. He has also spoken at many association events and is an accredited speaker in several states. Disclaimer: The opinions expressed on this podcast are solely those of the hosts and guests and do not constitute financial advice. Always consult a lic… ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-wealth-without-wall-street-podcast-743349/episodes/once-you-sell-it-s-too-late-the-1031-exchange-mistakes-investors-regret-most-with-scott-saunders/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-wealth-without-wall-street-podcast-743349/once-you-sell-it-s-too-late-the-1031-exchange-mistakes-investors-regret-most-with-scott-saunders.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.