Hi BPI would like some help with this example:we have a condo in boston we Bought for 475Kfor simplicity (we no longer qualify for the tax exemption of $500K as spouse)my agent called and said that we can sell at $900K (assume prefect world)we have a home line of credit of 300K that we have taken out to flip a duplex in pittsburgh.we are thinking of doing a 1031 Exchange: what would out math be?  

Here is a good article by that relates to this subject.http://www.biggerpockets.com/renewsblog/2014/08/21/strategy-take-cash-1031-exchange-tax-free/  In most circumstances, an attorney or CPA will recommend refinancing the replacement property after completing the exchange transaction.

In the end it took 5 hours to get it done, there was a bank lawyer who was 3 hours late, incorrect docs from the bank, yelling by everyone, crying sellers, getting kicked out of the seller's attorney's office, an attorney who still used a type writer, a wonderful title rep who canceled her dinner plans and had us shift the closing to her dining room (sans sellers), final check exchange on Monday, and pizza.

No key exchange.  

IRA or 401k, you'll be taxed at ordinary income rates, whereas the investments that generated the gains may be taxable at 15% cap gains rate had they not been invested inside the plan.Most cash-flow producing investment real estate already has great tax advantages, so other than not being able to reduce your taxable income via a contribution, you may be better off just investing outside the plan in RE, and doing 1031 exchanges to the extent you're able to do so.

For example, you could do a 1031 exchange with these properties and pay no taxes upon sale.  

For me to show them I have a level of commitment and not a Johnny Come Lately that will be there for a meeting or two and leave.Nothing can ever beat the real in person networking and exchange of information.

*Disclaimer: There are no guarantees of return on investment as there are some risks involved with all investments.Exit Strategies/ How To Repay Private Investors Principal:Refinance or sell the property and cash out.Another option is to exchange the first Private Investors mortgage position with a second Private Investor.In the unlikely scenario one of these options are not available, Private Investors will receive an additional 4% rate of return until one of the options listed above is available.Examples and Financials Examples of a 2, 8, and 50 unit property are located towards the end of this Business Plan.The (5) five year financial information is found at the end of this Business Plan.Business Legal Structure Legal StructureBetter Way Properties, LLC is a Limited Liability Company established in Wisconsin.Additional LLC’s will be created as necessary ensuring there are no more than (2) two properties per LLC to help protect assets and limit risk.Ownership/ManagementPrincipal MembersJohann Kleisch – 50% Member & ManagerCarolyn Kleisch – 50% Member & Secretary The Kleisch’s have been together over seventeen years.They live in Evansville Wisconsin with four of their five children and look forward to continuing their journey of Real Estate Investing together.Mr.

On Saturday night, while most of the citizens of Seoul were busy drinking and dancing the night away, I happened to be talking to a 4th year university student, Drummond, from the Ukraine who was visiting Korea as part of his studies abroad.We stood on the rooftop of the Southside Parlor, a southern-themed bar in one of the hottest nightlife spots in Seoul, exchanging information about real estate opportunities in Europe, America and Korea.This was the site of a Happy Hour Meetup hosted by the Seoul Real Estate Investing Meetup, a group I help organize.In another corner of the rooftop, @John Kantola ), there's a good chance our property has already appreciated 40% based on comps.* I was able to help with the underwriting process of a $6m condo deal by showing a little hustle and proactively volunteering my services* I've become partnered with MHP investors, again by being proactive and helping first to give value in an area I know - building systems. * I've met a ton of really good people through BP and through our meetup, including a fund manager that helped buy $2 billion in distressed Korean real estate during the IMP Crisis of 1997.

Im also licensed so if on the sale of your project you need to list, willing to work out details that is beneficial to you for exchange in hands on experience.Ive wholesaled some deals but know I want to rehab so I am looking to see the ins and outs with a pro before i just dive in.