John T Shoemake
Ya gotta start somewhere...
10 September 2024 | 2 replies
Reasons were many, but financially speaking, I had received a growth opportunity from my employer in exchange that I relocate to another part of the country.
Abraham Berkowitz
How could I avoid paying a lot of tax on capital gains through a fix & flip?
10 September 2024 | 7 replies
Flic and Flips don’t typically qualify for 1031 exchange tax benefits.
Alex Sarnoff
1031 exchange to NNN first purchase questions
6 September 2024 | 6 replies
Hi Everyone,We are exchanging for the first time from MFH to NNN retail properties.
Michael Ming
Seeking Advice: Managing Tax Obligations and Property Down Payment
10 September 2024 | 8 replies
Just make sure they won’t place a lien on your company.Equity Partner: Consider bringing in an equity partner to help with the $300K down payment in exchange for a share of the property.Renegotiate Terms: Try to renegotiate the closing date or lower the down payment amount.
Dan Stelmach
Capital Gains - Best ways to reduce
11 September 2024 | 10 replies
However, since this is your primary residence, it doesn’t qualify for a 1031 exchange unless you convert it into a rental and hold it for a period before selling.To avoid capital gains taxes using the Section 121 exclusion, you’d need to have lived in the property for at least 2 years, which you haven’t met yet.
Eden Meng
Mid Term Rental under Solo 401K Plan
9 September 2024 | 5 replies
I have reviewed the IRC publication for prohibit transactions between the plan and a disqualified person which contain a few criteria including selling, exchanging and leasing the property.
Sam Kay
Multiple Recurrent Leaks - Need advice on pivot strategies.
9 September 2024 | 14 replies
Just focusing on the tax issue for you: 1031 Exchange in 2025: If the leaks keep coming, selling and doing a 1031 exchange into a more reliable multifamily could be your best move.
Devin James
What Area of Development do you Specialize?
11 September 2024 | 22 replies
Looking forward to connecting and exchanging insights!
Kyle Miami
Notice to Vacate 60-Day
11 September 2024 | 13 replies
Can they say that because of the back and forth exchange, that I'm "retaliating" against them by expediting the 60-Day from December to September?
Vida Lolitaa
Agents to work with.
11 September 2024 | 16 replies
Very creative folks.Loopnet (rare you'll see any 4 plex or smaller here, sometimes)Crexi (commerical exchange) - some brokers who specialize in MF will list their small MF on here as well.Hope all that's helpful!