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13 March 2017 | 7 replies
Now some are on 1031 exchanges so they have to give some on value to meet time requirement goals.
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15 March 2017 | 72 replies
What if they agree to cover extra expenses (large repairs) in exchange for you keeping rents low?
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26 June 2017 | 4 replies
Hi all, been reading and listening to specific podcasts for probably 3 months now. Selling my home at literally the best time I could have, purely by luck because the decision to move was made a year ago. Ultimately I...
18 July 2017 | 25 replies
The buyer will like to forfeit $400 of the repair credits in exchange for the signature (I am not making this up).
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12 August 2016 | 4 replies
This allows you to do a whole number of things including using the deferred tax to further your investments just like an IRA but not in an IRA - compound interest.But 1031 exchanges can do ever so much more!
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17 April 2017 | 5 replies
Another option is to offer to catch them up on taxes in exchange for a percentage of ownership in the property.
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19 April 2017 | 1 reply
In exchange for me taking title to the home, I'll be giving her a $27k cash cushion to pay off bills.
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7 October 2020 | 4 replies
If your intent is primarily to sell the property (fix n flip) then when you sell you will pay ordinary income tax on the sale and do not have the option to do a 1031 exchange and defer all tax.If your intent is to hold that property for investment use (like you suggested - actually rent it and enjoy the income) then it would qualify for a 1031 exchange.
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10 February 2009 | 19 replies
I had to kick in a grand, but in exchange I'm rid of 36 months of a $400 payment.