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13 December 2024 | 9 replies
(They both shrink your pool or buyers and combining them really shrinks the pool.)Assuming you don’t plan to do a 1031 exchange you’ll also pay higher taxes if you can’t spread them over two calendar years, but not much.
13 December 2024 | 15 replies
Consult a tax professional to understand future implications.1031 Exchange: If you sell this property later, you can defer capital gains taxes by reinvesting through a 1031 exchange.4.
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13 December 2024 | 32 replies
I've been intrigued by the concept of buying small businesses a la Codie Sanchez, but it seemed so foreign to anything I'm familiar with I just focused on RE.
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15 December 2024 | 13 replies
The house will still need to appraise for the amount of the loan if you offer a higher price in exchange for repair money from the seller.
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31 December 2024 | 66 replies
Plus if any of the materials are damaged, wrong, or of low quality you're going to be the one who has to deal with returns or exchanges.
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9 December 2024 | 98 replies
Some report bitcoin has two values ( intrinsic) storage and exchange.
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11 December 2024 | 16 replies
It’s an interest free loan but it’s not a gift unless you die in less than 27 years while still owning it or it’s 1031 exchanged property.
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11 December 2024 | 25 replies
Would have been a good title for a forum thread for people looking to do direct exchanges.
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4 December 2024 | 8 replies
(As most 1031 exchangers are.).
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7 December 2024 | 4 replies
@Julian Martinez The good thing about your position is that if you decided to sell the property you can qualify for the 121 exclusion, and qualify for a 1031 exchange.