Account Closed
Realistically; has anyone gone from ie. 16 to 32-64-100 unit's?
8 April 2019 | 17 replies
@Allyssa McCleery In order to do a 1031, he will need to find a qualified intermediary who will I need to handle your funds at closing.
Account Closed
Sell Rental with Goal of Buying Land to Build
1 November 2022 | 1 reply
NOT to expand your own backyard) you don't have to pay any tax on those proceeds.Before you go down that rabbit hole, you would want to get a good CPA who has had experience doing these transactions because its not a 1031 exchange unless there is someone involved as a "qualified intermediary" to oversee and help plan the transaction.
Allen Felker
How to shut up the Wholesale bashers
1 September 2016 | 137 replies
If intermediaries, do they need to be licensed?
Brent Hill
TIC, options..wholesaling in Florida with RE agent license
20 May 2017 | 17 replies
@Brent Hill I am a native of Jacksonville Florida, having grown up in Fruit Cove and I am a full time qualified intermediary and a TIC specialist, specific primarily to the self storage industry but I am always happy to assist in answering some questions or brain storming if you would like to call and discuss as I find that sometimes talking things through can offer a lot of assistance.