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All Forum Posts by: JR Gonzalez

JR Gonzalez has started 1 posts and replied 3 times.

Post: 1031 into TIC/DST aaaaand into single family home?

JR Gonzalez
Pro Member
Posted
  • Posts 4
  • Votes 3

awesome thanks for clarity. πŸ«±πŸ»β€πŸ«²πŸΌπŸ«±πŸ»β€πŸ«²πŸΌπŸ«±πŸ»β€πŸ«²πŸΌ

Post: 1031 into TIC/DST aaaaand into single family home?

JR Gonzalez
Pro Member
Posted
  • Posts 4
  • Votes 3

thanks!! To clarify, if my debt on my current SFR rental is 225k i need to acquire 225k in the new property? Equity from sale can go to the new property AND a DST/TIC tax free as long as I have at least a mortgage/debt of 225k on that new property? Thanks again.

Post: 1031 into TIC/DST aaaaand into single family home?

JR Gonzalez
Pro Member
Posted
  • Posts 4
  • Votes 3

If i sell my SFR rental for $450k and equity is, for example, $200k...Can i invest 100k into a new SFR worth $275k and invest the remaining 100k into a sponsored DST or TIC (which deals are usually multiple hundreds of thousands of dollars?

hope i am making sense. 
thanks all.