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9 January 2025 | 4 replies
Here are a couple of ways you could structure the deal:Lease Option with Seller Financing: You could lease the property with an option to buy later, allowing you to rehab it while giving the sellers time to find a 1031 replacement property.Seller Financing with Deferred Payment: Structure the seller financing with no immediate payments, allowing you to refinance once the property is appraised, and the sellers can complete the 1031 exchange when ready.Escrow Holdback: Transfer the deed into an escrow account, giving you control without immediate transfer, so the sellers can take their time with the 1031.Third-Party Facilitation: Use a qualified intermediary to hold funds and facilitate the 1031 exchange while you refinance.These options allow flexibility for both you and the sellers.
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1 January 2025 | 22 replies
Then go for a rug that mixes those colors together well (you also really need a coffee table to fill the space and something vertical like a floor lamp to help balance out the different window sizes.)
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26 January 2025 | 32 replies
Account Closed Hi Rhonda, If honest I spent about $8,000, some say its a lot, (my parents did) some say its small when compared to many programs out there, either way I took a leap of faith and saw the potential it had for my future.
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28 December 2024 | 8 replies
Quote from @Arvand Sabetian: Depends on your unit and size.
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14 January 2025 | 329 replies
:Just found this thread here today and created an account to post.
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16 January 2025 | 15 replies
There are more in Odessa but I was not sure if an appraiser would take those into account (or if I even want them to).
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5 January 2025 | 2 replies
I have the details in place, but need to make sure I fit within regulatory and accounting laws.
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10 January 2025 | 17 replies
As for why the US, simple - trust, market size, and access to information.
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31 December 2024 | 2 replies
There are some accountants out there who say that the very act of doing a 1031 exchange is an attempt to avoid tax and so a 1031 purchase from a related party is a non-starter.
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30 December 2024 | 6 replies
@Greg StrunakA good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.