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21 November 2024 | 3 replies
A 1031 exchange is a great way to indefinitely defer the tax and use it to grow your RE portfolio, and build long term wealth.The most important factor in a 1031 exchange is that your qualified intermediary must be in place prior to the closing of the sale of your old property.
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2 December 2024 | 11 replies
You can exclude all appreciation on the original capital gains investment when you exchange or sell a property in an opportunity zone if you held it for more than 10 years.You are able to permanently exclude 10% of deferred gains from capital gains tax as long as you hold the property for at least 5 years and 15% if held for 7 years.Deferral of recognizing capital gains after the sale of a capital asset as long as the capital gains are invested in a QOF within 180 days of the property disposition.
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7 December 2024 | 18 replies
My bet on the next twist is the death turning out not to be natural causes.
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3 December 2024 | 16 replies
Don't bet on passive appreciation, just forced appreciation.
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28 November 2024 | 184 replies
bet dollars to donuts its leveraged to the eyeballs.
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28 November 2024 | 9 replies
I did a modestly complicated simultaneous 1031 exchange a few years ago with no QI and did all the document drafting myself.
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30 November 2024 | 3 replies
Potentially a 'exclusivity in exchange for reduced fees' or 'reduce per-visit fees as the number of calls increases.'
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2 December 2024 | 21 replies
In fact, I've got some bets in the markets that hinge on this happening.
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1 December 2024 | 15 replies
I don't think a gift card is necessary at this point, but if you can exchange addresses and phone numbers that would be great.Think like a neighbor....they are going to be worried about parties, noise, trash, etc.