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20 July 2015 | 10 replies
(I assume you're planning on a 1031 exchange.)
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18 July 2015 | 0 replies
The data must be easy to access and manipulate, and interop (exports, data exchange) should work well.
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20 July 2015 | 5 replies
I see you live in Austin, it is a hot market where you'll get a good price when you relinquish your property but may have difficulty getting a good price on a replacement property.Hi Jason, There is no specific holding period required for 1031 Exchange treatment.
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22 July 2015 | 14 replies
You can network with your local real estate broker and offer to become an unpaid assistance in exchange for access to MLS, building relationships with local lender network, other realtors for deal feed, etc.
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22 July 2015 | 5 replies
They cut the grass and take care of a few things in exchange for rent.
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21 July 2015 | 4 replies
Self-directed IRAs = tax deferral inside your retirement acct.1031 exchange = tax deferral outside your retirement acct.The two don't play with each other.
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21 July 2015 | 6 replies
They will always say yes, because every investor wants off market deals, so then just exchange business cards.
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21 July 2015 | 7 replies
I know little to nothing about 1031 exchanges.
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26 July 2015 | 17 replies
At the point where residential loans become harder to get I will do a 1031 exchanged into a apartment complex.
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21 July 2015 | 1 reply
There are some guidelines to follow in order for "vacation property" to qualify in an exchange as replacement property:According to Revenue Procedure 2008-16 - The purchase of a vacation property or a second home will qualify as replacement property in a tax-deferred exchange transaction if the following safe harbor requirements are met: The subject property is owned and held by the investor for at least 24 months immediately following the 1031 Exchange ("qualifying use period"); andThe subject property was rented at fair market rental rates to other people for at least 14 days (or more) during each of the following two (2) years; andThe investor limits his or her personal use and enjoyment of the property to not more than 14 days during each of the following two (2) years, or ten percent (10%) of the number of days that the subject property was actually rented out to other people during each of the following two (2) years.