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Results (10,000+)
Serena Lee WANTED: REI Mentor Near Seattle
9 May 2024 | 2 replies
How can I help you achieve your goals in exchange for you helping me?)
Seo Hui Han 70% equity and 30% debt. Should 1031 into similar?
8 May 2024 | 7 replies
@Seo Hui Han,You certainly can 1031 exchange from your current commercial into a multifamily; no technical issues there.To speak generally, multifamily properties tend to have more stable cash flow but lower income potentials than commercial.
Karen Kushner STR Bonus Depreciation Rules
8 May 2024 | 14 replies
Essentially we would actively manage each new property for the first year in service, take bonus depreciation on it, then 1031 exchange for another. 1.
Jeremy H. How are you personally analyzing your properties year to year?
8 May 2024 | 4 replies
That may seem obvious but in my experience, 99% of ongoing maintenance issues are because the property is old and needs either a large cash infusion to make them go away or what I like to do is 1031 exchange into something newer that requires less work. 
Nathan Frost Overleveraged Advice Please Help
14 May 2024 | 125 replies
You could possibly look for an agent to help you on a 1031 as well, get out from underneath the blanket mortgage, you could net a little higher going this route with the plan in place to exchange into something with higher returns. 
Andrew C. Selling a 1031 exchanged property with increased debt
5 May 2024 | 4 replies
Rather than realizing the $100k gain plus any depreciation recapture, I bought a property for $500k through a 1031 exchange.
Louis DeNitto Being gifted SFH in Oregon
7 May 2024 | 4 replies
Even if the intent is to convert this into a rental upon grandma's passing, you still would like the step-up in basis unless you plan of lifetime of 1031 / 721 exchanges.
Robin Evans Self employment or long term investment income
7 May 2024 | 8 replies
Additionally, there's a fixed self-employment tax.Income Tax: 22% * $70K = $15.4KSelf-Employment Tax: 15.3% * $20K = $3.06KTotal Tax Due: $18.46KRemember to account for any state taxes as well.To defer taxes entirely, you could utilize a 1031 exchange, which allows you to reinvest the proceeds from the sale into a similar investment property, thus deferring the tax payment until a later date.Example #2: Long-Term Capital GainsNow, consider a scenario where you hold onto the property for over a year.Project Details:Property Cost: $70KRenovation Costs: $50KResale Price: $200KProfit: $80K ($200K – $50K – $70K)Since self-employment tax doesn't apply, you only need to calculate the long-term capital gains tax.
Becca F. Overleveraging, net worth, cash flow and headache factor
9 May 2024 | 159 replies
And maybe buy 2 or 3 properties with each 1031 exchange if you can find some they cash flow.
Collin Hays Smokies State of the Union
8 May 2024 | 33 replies
Hey everyone - been a long term rental investor since 2005 and now looking to diversify in STRs (aiming for the Smokies to start) later this Summer through a 1031 exchange.