@Kezia Edmonson Yes, you can use a 1031 exchange to defer taxes on the sale of your single-family investment property when purchasing a multifamily property, but only the portion used as investment (the three rented units) qualifies.

Investment Info:

Single-family residence other investment.

Purchase price: $92,000

Cash invested: $24,500

What made you interested in investing in this type of deal?
Good price

How di...

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

I am in the process of buying a single family rental, and will be inheriting the tenant, who is on section 8.

A single member LLC is by definition a disregarded entity by the IRS.

Hello all,I'm looking to do my first single family fix and flip in the Greater Boston/Worcester area.

., "I will buy at least one single-family home, duplex, triplex, or fourplex before the end of 2019") and then do it.

The tenant base is generally 95% single women with 2 to 5 kids and they flat destroy houses, Not on purpose  most of the time but if you have children all below 10 years old they are just brutual on houses even in the best of situations of which single parent with multiple baby daddys is not the best of circumstances.. full stop.

Operators tell me that the objection to the costs are from the children of the elder who don’t want mom to spend down her savings, fearing that she will run out of money and that there will not be any left to pass down to the kids.

Last night, I heard an inspiring story about a mom who brought her young kids along for a 45-minute drive to tour an investment property.