26 July 2019 | 5 replies
I've done one 1031 exchange about 20 years ago and used an intermediary.
29 July 2019 | 14 replies
@James BlackYes, I had 2 long term rentals in UT sold making 100k each. 1031 exchanged into 4 more properties. 2 in Pigeon forge, TN area and 2 in Huntsville, AL.
21 August 2019 | 7 replies
Should an investor keep his rental properties or do a 1031 exchange to several Delaware Statutory Trusts (DST) ?
30 July 2019 | 8 replies
There's line of credits out there that are low percentages for this exact financial exchange, typically hard or private money people will help you with this.
6 August 2019 | 21 replies
If you intend to hold onto the property, or are just inclined to do your rehabs correctly, get a unit that is properly sized for your ducting and sq footage.FHA HVAC equipment that is oversized for the installed ducting is prone to shorter life span due to short cycling and potential cracks in the heat exchanger since the ducting will not allow the proper amount of air to be moved across the exchanger.
27 July 2019 | 14 replies
“A property is worth what someone is willing to pay for it”If you can secure seller financing, would it make sense to offer a higher purchase price in exchange for zero percent interest?
28 July 2019 | 9 replies
So if you're trying to eliminate a mortgage by paying cash and doing a partial exchange your options would be to Do an exchange on both properties as one unit and only replace 50% of the value of what you sold.
27 July 2019 | 1 reply
My question for you all is, we would love to do a deal where we manage the property in exchange for equity instead of cash.
27 July 2019 | 2 replies
I would think the seller would try to do a 1031 exchange which would defer any capital gains but you never know.
28 July 2019 | 1 reply
When a user purchases cryptocurrency at a given price and then later trades it away — whether by buying a coffee or by selling it on an exchange — the sale is subject to capital gains tax because it is considered property.Failing to report the transaction to the IRS could expose the user to criminal and financial penalties."