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16 October 2024 | 0 replies
I was able to do little work, save money compared to renting, build equity in the house, and sell for a good profit that allowed me to 1031-Exchange into a Commercial Property.
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29 October 2024 | 131 replies
My husband and I purchased 3 properties in CA over the years and recently exchanged into 6 rental properties.
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16 October 2024 | 1 reply
Nothing has been signed and no funds have been exchanged (aside from credit report costs to TransUnion, which I'll probably refund).
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15 October 2024 | 9 replies
I would make sure their audience fits your goals and try to get exchange creators to come on Mondays or Tuesdays (slow days) instead of paying them.
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16 October 2024 | 25 replies
Since you’re dealing with a different currency, ensure you understand the implications of exchange rates on your financing options.Consider Partnerships: Partnering with local investors or using property management companies can help mitigate risks and streamline the investment process, especially if you're not in the country full-time.6.
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21 October 2024 | 13 replies
It could be a good starting point and then sell and do a 1031 exchange.
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10 October 2024 | 6 replies
The listing agent told me that I have mention in the offer the seller is doing a 1031 exchange.
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19 October 2024 | 16 replies
It would also make 1031 tax deferred exchange a more viable approach and tool you can use.
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17 October 2024 | 9 replies
Unfortunately, you miss out on a lot of the cool tax benefits you’d get with long-term real estate investing—like long-term capital gains rates, bonus depreciation, 1031 exchanges, depreciation, etc.Another thing to keep in mind is that when you buy a property to flip, you can’t just deduct the purchase price right away.
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10 October 2024 | 2 replies
If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange.