30 March 2019 | 33 replies
Over time, future appreciation improves the profit on the property your tenants are buying for you and that profit is taxed at a favorable long term capital gains tax rate (think really great IRR) or the taxes can be deferred indefinitely with a 1031 exchange (why pay taxes if you don't have to).Tax benefits and appreciation are really just the icing on the cake; cash flow is the only real reason to own rental property.
2 April 2019 | 6 replies
We are 1031 exchanging this property and are in the process of identifying properties in the Orlando area.
11 April 2019 | 15 replies
Footnote: this will be my first 1031 exchange!
1 April 2019 | 7 replies
To speed up your learning curve I'd consider:Joining local investing meetupsFinding a knowledgeable, investment-savvy agent to help you do your first dealFinding a mentor and proposing a way to add value to their business in exchange for their mentorshipReading books, articles and reports to help you better understand investing in general/your local marketI'm imagine you're doing some of these things already, which is great.
2 April 2019 | 10 replies
Have you ever thought about doing a less-option or even a 1031 exchange?
31 March 2019 | 1 reply
Whether it be helping you refurbish a house or writing direct mail letters, I am willing to help in exchange for the knowledge and experience it will provide.
31 March 2019 | 2 replies
Hello I am from North eastern PA new to real estate me and my wife are currently renting 2 properties. my wife Marilyn is a real estate agent and we would like to connect with groups and like minded individuals. we also trade in the foreign exchange and do this full time. we are excited to be here and would like to see where it leads!
1 April 2019 | 9 replies
Not only are they a tangible asset, but they also produce income.The appraiser allowed precisely $0.00 in valuation.
1 April 2019 | 1 reply
Hi everyone,My question is if I about using sale proceeds for a 1031 exchange, from the sale of a primary residence that is also being used for AirBnB ?
1 April 2019 | 10 replies
A "1031" is a tax-free like-kind exchange.