Jim Whitesides

Managing Partner

Jim is the Managing Partner for Sound Tract Advisors, a financial services firm that specializes in tax mitigation strategies for individuals and businesses that operate real estate or are involved in real estate transactions. Sound Tract also specializes in retirement planning for those needing retirement income, asset protection, and legacy planning. Jim attended the US Naval Academy, has an MBA, is a Chartered Financial Analyst, holds a series 7 securities license, and is licensed to sell insurance and annuities.

Aug. 11, 2026

Sophisticated Investors Do This Before Selling Property

The conversation explores the critical role of tax strategy in investment decisions, emphasizing the importance of tax mitigation and exit planning. It delves into the distinction between planning for taxes and reacting to taxes, highlighting the impact of tax strategy on long-term wealth. Additionally, it discusses cost segregation, 1031 exchanges, challenges, and the use of Delaware Statutory Trusts (DSTs) as an alternative option. The conversation covers various real estate investment options...

Guest: Jim Whitesides

Listen to the Episode