In this episode of the Be Wealthy Podcast, Brett Tanner sits down with Michael Velasco, founder of Exchangeable, for a deep dive into the powerful world of 1031 Exchanges and how savvy investors use them to grow wealth while legally minimizing taxes.

Michael shares his 20+ year journey through real estate, accounting, and tax strategy, showing how every step of his career prepared him to become a leading expert in 1031 exchanges. Together, Brett and Michael break down the fundamentals of exchanges, common mistakes investors make, and the advanced strategies high-net-worth individuals use to protect and multiply their portfolios.

This episode blends real-world investing strategy, tax education, mentorship, and long-term wealth thinking—making it essential listening for any serious real estate investor.

1. Taxes don’t destroy wealth—poor strategy does.

With the right tools, investors can defer taxes and keep more capital compounding.

1. Timing is everything in a 1031 exchange.

Miss the 45-day or 180-day deadline and the entire exchange can fail.

1. Reverse exchanges create opportunity in competitive markets.

Buying first gives investors the upper hand when inventory is tight.

1. You must reinvest all proceeds to fully defer taxes.

Any leftover cash becomes taxable “boot.”

1. Any investment property can be exchanged for another.

Residential, commercial, or land can all qualify when structured correctly.

1. Execution matters more than intention.

Even great investment plans fail without proper structure and guidance.

1. Mentorship shortens the learning curve.

Learning from experts helps investors avoid costly mistakes.

1. Education is a wealth multiplier.

The more you understand tax strategy and investing, the faster you grow.

1. Wealth is built through reinvestment, not consumption.

Capital must keep moving into productive assets to grow.

1. Long-term thinking always wins.

The biggest rewards go to those who play the long game, not the quick win.

00:00 – Welcome to the Be Wealthy Podcast & Introduction to 1031 Exchanges

01:15 – Meet Michael Velasco: 20+ Years in Real Estate

03:00 – The REO and Short Sale Market During the Crash

05:30 – Why Michael Left Traditional Real Estate for Tax Strategy

07:15 – Discovering the Power of 1031 Exchanges

09:30 – What a 1031 Exchange Really Is (Simple Breakdown)

12:00 – The 45-Day Identification Rule Explained

14:45 – The Biggest Risk in a Forward Exchange

17:00 – Why High-Level Investors Prefer Reverse Exchanges

20:00 – Buying First, Selling Later: How Reverse Exchanges Work

23:00 –...

In this episode, Brett Tanner and co-host Katelyn Mitchell walk through the exact end-of-year and start-of-year wealth checklist they personally use to manage their businesses, reduce taxes, and grow long-term wealth.

This episode is highly tactical — Brett covers how to update entity structures, evaluate your investments, adjust your wealth plan, review rental performance, optimize retirement accounts, and create a simple 12-month business and financial roadmap.

If you're building wealth, this episode shows you precisely what to review, update, and execute every December and January to stay on track for long-term financial freedom.

• Clean up your entity structure yearly.

A simple, accurate flowchart helps your CPA and improves tax strategy.

• Track your wealth consistently.

Monthly net worth and annual plan updates keep you on course.

• Review every rental property annually.

Update values, cash flow, and return metrics to spot underperformers.

• Fix or reposition bad assets.

Refinance, improve, raise rents, or sell—don’t hold dead weight.

• Max out your retirement accounts.

HSA, Roth, Backdoor Roth, and self-directed accounts accelerate long-term wealth.

• Build a simple 1–3–5 wealth plan.

One goal, three priorities, five actions—clarity drives results.

• Wealth is a system, not luck.

Small yearly adjustments compound into financial freedom.

00:00 — Intro

01:30 — Why Your Wealth Plan Must Be a Checklist

02:45 — End-of-Year Framework Overview

05:00 — Update Your Entity Flowchart

09:50 — How to Review Your Entities Properly

14:00 — Update Your Wealth Plan & Personal Balance Sheet

19:00 — Understanding Net Worth Tracking

25:00 — Your 30-Year Plan & Annual Review

28:30 — Update Rental Property Fair Market Values

33:00 — Expense Ratio: The #1 Driver of Rental Success

39:00 — What To Do With Underperforming Assets

43:00 — Retirement Accounts You Should Optimize

49:00 — Building Your 1-3-5 Wealth Plan

55:00 — Final Steps: Calendar, tax strategy, and business financial review

• Entity Structure Template (LLC + Trust Flowchart)
• Personal Balance Sheet Template
• 30-Year Wealth Plan Template
• Rental Tracker Spreadsheet
• 1-3-5 Wealth Planning Template
• Flash Report (Business KPIs)
• Be Wealthy Retirement Account Guide

(Insert actual links once Katelyn provides assets.)

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👉 www.BeWealthy.com

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In this episode of the Be Wealthy Podcast, Brett Tanner sits down with real estate powerhouse and team leader Dan Beer, whose organization has produced over $900M in sales and now spans more than 150 agents across multiple states.

Dan opens up about his early money beliefs growing up in Mexico City, how childhood programming can shape (and limit) our financial destiny, and the deep inner work required to break through those mental ceilings.

He and Brett dive into mindset, wealth identity, personal evolution, and why self-awareness—not strategy—is the true unlock toward long-term success. Dan also shares his journey of merging his business with another top team, navigating leadership at scale, and building a life centered around peace, purpose, and continuous growth.

This episode blends high-level strategy with emotional intelligence, inner work, and the psychology behind wealth creation.

• Your 10-year-old self still runs your financial life—until you consciously rewrite the script.
• Childhood beliefs often shape how big you allow yourself to play.
• Inner work unlocks outer wealth.
• You cannot out-earn your lack of awareness. Self-development is the secret to breaking income ceilings.
• Business is a spiritual journey.
• Entrepreneurship forces you to confront your patterns, triggers, and identity.
• Wealth = peace, not money.
• Real wealth is freedom from anxiety, clarity in thought, and alignment in life.
• Your team must evolve as you evolve.
• Your CPA, advisors, and inner circle must match your current level—not your past one.
• Goals are an orientation, not a finish line.
• When you enjoy the journey instead of living in the gap, momentum comes naturally.

00:00 – Introduction: Meet Dan Beer

01:00 – Dan’s Roots: Growing Up in Mexico City & Early Money Beliefs

05:00 – Watching His Parents Rise, Fall, and Rise Again

07:00 – “That’s Not For Us”: Limiting Money Scripts from Childhood

09:00 – Investing From Your Former Self vs. Your Present Self

12:00 – Why Inner Work Matters More Than Business Tactics

15:00 – Business as a Spiritual Journey

18:00 – Dan’s Daily Mindfulness & Deep Work Practices

20:00 – Hard-Charging Dan vs. Evolved Dan: How Success Changes You

23:00 – The IRS Lesson & Losing Seven Figures to Taxes

27:00 – Rethinking Goals: Orientation Over Outcome

30:00 – The Power of Measuring Backward (Gap vs. Gain)

33:00 – The Million-Dollar Savings Breakthrough

36:00 – Creating Tax, Wealth & Personal Spending Accounts

40:00 – Lifestyle Creep & Fixing Money Systems at Home

43:00 – Why Your CPA Must Evolve With You

46:00 – Inside Dan’s 150-Agent, 900M+ Organization

50:00 – Leadership, Marriage, and the Whole-Person Approach

55:00 – The Real Ceiling: Your Unresolved Personal Patterns

57:00 – Dan’s Most Impactful Books & Final Lessons on Wealth

• Books Mentioned:
• – The Richest Man in Babylon
• – The Untethered Soul by Michael A. Singer
• – Letting Go by David Hawkins
• – The Surrender Experiment by Michael A. Singer
• Wealth & Mindset Concepts:
• – Gap vs. Gain Concept (Dan Sullivan)
• – Passive Income vs. Lifestyle Creep
• – The Power of Automating Tax & Savings
• – Deep Work / Inner Work Routines

🚨 BE WEALTHY...