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All Forum Posts by: Kyle Smith

Kyle Smith has started 10 posts and replied 27 times.

Post: Second phone number suggestions

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

I use Sideline, it's an app on your phone and seems to work well.

Post: Oregon/Southern Washington Investment Minded Real Estate Agents

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

@Fletcher Boll Cool thanks, I'll look them up. What type of investments did you buy with them?

Post: Oregon/Southern Washington Investment Minded Real Estate Agents

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

Contact me if available

Post: Anyone used InvestorMax here in Portland area? Thoughts?

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

Thanks @Lisa Thoele and @Charles Flaxel. I appreciate the feedback.

Post: Anyone used InvestorMax here in Portland area? Thoughts?

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

Looking at property from Investormax, anyone used them before?

Post: Missed my 1031 window, any other way to defer taxes?

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9
Originally posted by @Brandon Hall:

Opportunity funds! You have 180 days from the sale of the old property to reinvest your gain proceeds in an opportunity fund. You do not have to reinvest your basis proceeds. 

 Thanks Brandon, I've been looking into these as it's the only other investment vehicle I've determined is available. I'm not entirely sure how this would work since the 2018 tax would need to be paid (or tax deadline extended) and this occurs before the 180 day deadline.

Post: Missed my 1031 window, any other way to defer taxes?

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

I missed my opportunity for reinvestment of funds using 1031X (couldn't find a suitable property) and now I'm facing a $60k hit for the sale. I'm in Oregon so the tax bill will be too much to stomach.

Any other options for me to defer/postpone the tax hit?

Post: MF Investment Properties - Areas

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

@Hadar Orkibi - Looking for properties (one or multiple) in any midwest market under $600k. Prefer multi-family but will look at anything with a good cap rate.

Post: MF Investment Properties - Areas

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

Looking to 1031x one of my properties and need help to find some buy and hold turnkey properties in Midwest markets. Looking for area advice and perhaps some of you investment focused realtors can get me on a 'drip' of MLS listings.

Cheers!

Post: 1031 exchange duplex to single family

Kyle SmithPosted
  • Rental Property Investor
  • Denver, CO
  • Posts 28
  • Votes 9

@Dave Foster - Thanks for the info! My plan would be to leave the non-ooc loan in place until my intent changes, then move in and refinance to a lower interest rate loan at that point (I'm assuming a non owner occ loan would have higher interest rates, but I could be wrong).