All Forum Posts by: Seetha G

Hello All

I understand that in general there is a 6 month period to close the replacement property. However if i sell now is there any restriction on closing the replacement properties before end of the 2016 tax year?

Appreciate any feedback!

Thanks!

Seetha.

Thank you for your advice Joel!

Thanks very much for the quick reply Dave! Understand now.

Hello All

I understand that once the 1031 property is closed, 3 replacement properties need to be listed within 45 days and one or more among them need to be bought in 180 days. 

My challenge is i am going to buy 2 SFHs and if there is a situation that arises that i cannot buy any of the 3 properties listed due to a problem in inspection or for another reason, will i be be able to list another set of 3 properties within that 45 day time frame?

Thanks!

Seetha.

Thank you for your inputs Robert and Leslie! 

Hello All

I am planning to sell a condo in California and would like to buy a 1031 exchange property. However i am having trouble finding the replacement property. With market rates high all over, i am trying to understand what kind of property makes more sense in terms of returns. Here is my criteria:

1. Low risk

2. Appreciation 

3. good exit strategy

Appreciate any suggestions. 

Thank you!

Hello All

I am looking for someone who can help protest my California investment property tax for 2015. Could you please help recommend anyone or any service who does this?

Thanks!

Swetha.

Hello All

Since recently, I have been considering to make an investment in real estate debt type crowdfunding deals.

However i have one question.

From my rental properties i have accumulated passive losses from last year eventhough i have positive cashflow.  Me being a passive investor, when i invest in debt type real estate investments though crowdfunding can the passive losses with my other rental income offset interest income in debt deals so that i do not have to pay any tax?

I understand that i should be asking this question to my CPA, however i thought i could get some insight at bigger pockets too.

Appreciate your advice!

Thank you!

I would say go for Keller ISD, Euless, Bedford, Plano. These are all great school zones. I have mine in Keller ISD and doing great so far!

Hello All

The property is in Valencia community in Northwest Edmond. 3BR home well maintained and built in 2007 marketed for 1350$ rent.

Hello Deborah

900$ fall in OKC is typical for this winter season? Or you think its due to oil price and loss of jobs?

Thanks!

Seetha.