Chris Nordella
First Kansas City Turnkey Purchase
13 August 2018 | 136 replies
Strong thread here we are getting ready to do a 1031 exchange and we will be looking for a rentals or a multi family.
Trey Read
Exit strategy on SFH
14 October 2017 | 6 replies
I'm not an Accountant/Attorney, but in my experience if you are flipping the property out of an IRA, or doing a 1031 exchange, you're going to pay tax on the gains. 2.
Tracy Bogie
Financial Advisor that understands RE Investing
26 October 2017 | 5 replies
I need to set up a 1031 Exchange as well.
Tim Lindstrom
Self directed IRA to help girlfriend
19 September 2017 | 3 replies
These are all pretty straight forward and if you don't place yourself in a position of personal gain, then I appears you would be ok.Common Prohibited TransactionsCategories of Prohibited Transactions In general, the type of transactions that could fall under the prohibited transaction rules pursuant to Code Section 4975 can be viewed in the context of three unofficial categories: Direct Prohibited Transactions4975(c)(1)(A): The direct or indirect Sale, exchange, or leasing of property between an IRA and a “disqualified person” Ben leases an interest in a piece of property owned by his Self Directed IRA to his sonJen sells real estate owned by her Self-Directed IRA to her fatherTodd sells real estate he owns personally to his Self-Directed IRA Carl transfers property he owns personally to his Self-Directed IRA Mary Purchases real estate with her IRA funds and leases it to her mother Kevin uses his Self-Directed IRA funds to purchase an interest in an entity owned by his wife Peter Transfers property he owns personally subject to a mortgage to his Self-Directed IRA.
Robert Steele
One caveat about 1031 exchanges
20 September 2017 | 6 replies
I've sold quite a bit of real estate and never done a 1031 tax deferred exchange.
Alycia Drube
Newbie in San Luis Obispo, CA - Hello!
26 January 2017 | 9 replies
If any investors would like to let me know what they would think about lending to a newbie such as myself, or maybe even a contract to loan exchange would combine all of my aspirations, I am eager to hear from real people instead of the theoretical views of articles.
Anurag T.
Indianapolis Turnkey Providers
18 August 2016 | 35 replies
I've offered the buyer a winter month exchange in my ocean front Honolulu Gold Coast $900,000 condo.
Matt F.
tax advantage question
16 August 2016 | 4 replies
Lets not all forget that the IRS is still going to want some money for the Depreciation Recapture upon sale of the property unless you roll it into a 1031 Exchange:https://www.irs.gov/publications/p544/ch03.html#en...
Chinmay J.
What fun thing would you do with $25,000 - $30,000
15 May 2019 | 63 replies
Fun Question but my answer would change every few months depend on what "Experience" I was most interested in exchanging the money for.
Kenny Tan
Tax reform outcome - should it affect sell decision Sacramento
4 May 2017 | 4 replies
I do not want to do 1031 exchange.