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11 July 2024 | 4 replies
:(A 1031 exchange is also called a "like-kind exchange" in that you need to replace the INVESTMENT you are selling with another INVESTMENT similar in type.
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14 July 2024 | 16 replies
Rent your current house for 2 years and then look at selling it using a combination of 1031 exchange and the Section 121 exclusion to buy a new property that might cashflow better.
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10 July 2024 | 0 replies
Previously, under the Chevron doctrine, when a court determined that a statute was ambiguous or that Congress had not directly addressed the precise issue in writing a given law, the Court, rather than applying their interpretation of the law, would instead defer to the regulatory agency’s interpretation.
15 July 2024 | 17 replies
I feel buying and holding a rental managed by a property manager in the IRA could have a higher yield, but one would not be able to use deprecation to their advantage, so one year flips make more sense (instead of 1031 exchanges for tax optimization).
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14 July 2024 | 6 replies
They might offer better terms or be more flexible in such situations.Partnerships and Investors:Bring in Investors: Your friend might find investors interested in contributing capital in exchange for equity in the property.Form Partnerships: Consider forming a joint venture with a developer or another property owner who can provide the necessary capital for rebuilding.Similar Experiences and AdviceCase Studies: Researching similar cases can provide insight into how others have handled such situations.
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15 July 2024 | 24 replies
Pretty funny actually.Have you guys had the "professional" artist want to book your house in exchange for a painted pic of your house?
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15 July 2024 | 50 replies
It’s also a very large investment in exchange for a customized mentorship.
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12 July 2024 | 3 replies
I have a question regarding 1031 property exchange.
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12 July 2024 | 2 replies
Single family residential to same.How do i analyze a replacement property for an exchange?
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12 July 2024 | 7 replies
It's making seasonal, MTR, and LTR a lot more attractive or a 1031 exchange as soon as we hit the 2 year mark.Anyone else seeing this in their part of the country?