Anca R.
Is a 1031 Exchange allowed in this case, and if so, is it worth the hassle?
22 January 2025 | 22 replies
So the question becomes based on their individual and personal tax situation what is the estimated tax burden they'd save?
Robin Cloud
Three Applications...who to choose??
27 December 2024 | 13 replies
They are basically the same as applicant number one except there is an opportunity for them to make more money with the second person if they chose to work which means higher probability you will get paid on time.
Stefano Vrolijk
First investment property as a foreign citizen
12 January 2025 | 12 replies
I recommend doing your research and looking at properties online.
Ofir R.
50K Cash, DSCR loan, where?
26 January 2025 | 3 replies
I personally like Alabama and Tennessee a lot, depending on what specific area you're looking at.Look for Class B or C properties in stable rental markets, particularly single-family homes or duplexes.
Jonathan Buelow
Mobile Home flip update
30 January 2025 | 0 replies
Personal loan for renovations How did you add value to the deal?
Tyler Kesling
Funding Your First Deal
7 January 2025 | 16 replies
I really believe that we live in a time where all the information you need to do just about anything is available for free online.
Kyle Carter
Can I use the 1031 exchange to buy my primary residence?
15 January 2025 | 5 replies
I 100% agree with the intent aspect and that is an important premise, but the fact is in this particular situation intent for it to be personal use has been confirmed (by way of a public post).
Stephanie Menard
Expensive lesson by leaving one clause out of rental agreement
19 January 2025 | 41 replies
If not from the person in office, then definitely from the person running against them.
Christina Galdieri
1031 Exchange for a small business?
28 January 2025 | 6 replies
Intangible assets like goodwill or tangible personal property (e.g., equipment) are excluded from 1031 treatment and are taxed separately—goodwill is typically taxed as a capital gain, while equipment may be subject to depreciation recapture taxed as ordinary income.To minimize taxes on the sale of the business, consider strategies such as Opportunity Zone investments, which defer gains until 2026 if proceeds are reinvested in a Qualified Opportunity Fund (QOF), or structuring the sale as an installment agreement to spread taxable income over multiple years.
Nathan Harden
Expanding to Akron, looking for advice
17 January 2025 | 21 replies
I have read all of the "trends" and statistics but now I am Looking for feedback on personal experience in the Akron market.I appreciate it!