
7 February 2025 | 6 replies
However, purchasing the replacement property from an estate where your mother-in-law is the executor and other heirs are your wife's aunts and cousins raises potential related-party concerns under Section 1031(f).The IRS generally prohibits 1031 exchanges between related parties unless both the buyer and seller hold their respective properties for at least two years after the exchange.To stay compliant and avoid disqualification, ensure:The estate sells the property directly before any distributions to heirs.You hold the replacement property for at least two years.The transaction is conducted at fair market value with no prearranged agreements.Given the IRS scrutiny of related-party 1031 exchanges, consult a qualified CPA or 1031 exchange accommodator to structure the deal properly and avoid potential capital gains tax liabilities.This post does not create a CPA-Client relationship.

3 February 2025 | 2 replies
These will be markets where housing is affordable for both residents and owners.

5 February 2025 | 3 replies
Purchase price: $35,000 Cash invested: $38,000 Another flip ready in the market. https://www.zillow.com/homedetails/4467-Sims-St-Columbus-GA-31907/76572533_zpid/

3 February 2025 | 2 replies
If I'm ever in need of a broker in the DE markets, I will reach out.

23 January 2025 | 30 replies
Today its nothing one sale maybe 4 in a year in a mid west market..

10 February 2025 | 9 replies
I joined various internet marketing programs and mentorships to find ways to transition from my W2 job.

3 February 2025 | 31 replies
Yesir still operating in the MKE market.

10 February 2025 | 8 replies
I like the idea of a newer 4plex but they just don’t exist in my market.

5 February 2025 | 3 replies
I am not sure if I should stay local to my market.

7 February 2025 | 49 replies
I’m not sure if you’re a real poster or you are part of Jeromes marketing team.