Andrew Voelker
Accounting Software Recommendations
Hello! I currently own three single-family rentals and just closed on my first multi-family property, a fourplex. My properties are in three different states and I use local property managers for full-service manage...
Steve Hungerford
Can I defer capitol gains and keep low property 19 (CA) Tax ?
I am the POA for my dad. His house has high capital gains taxes (bought it 1983) and low property 19 (CA) tax base. Can I keep property 19 tax base on a 1031 exchange ? ( I have heard no)
Could I do the 1031 exchange...
Jordan Low
How can I use a tax deferred retirement vehicle as a downpayment
In Feb 2015 I purchased a single family residence where I reside and rent out a room.In a couple years, once I have saved up enough money for a down payment I want to purchase another single family residence. I will ...
Jean Bolger
What would happen with my deferred taxes if I sell just part of an exchanged property?
I did an exchange about a year ago into a property that is five buildings, all on separate tax parcels. If I were to sell just one of those buildings (sell outright, not exchange) what would be the tax ramifications? ...
Richard H.
1031 Exchange to Rental then Convert to Primary
Hi I have searched for a bit and can't find an answer to my specific situation.I am selling a rental property and would like to 1031 exchange the proceeds into a new rental property. If I do this and later decide to m...
Eric S.
1031 Exchange Property transfer to an LLC
We are going to be purchasing a new property using a 1031 exchange in the state of Kentucky. We will be acquiring it as individuals and would like to hold the property in an LLC for liability protection. Can we imm...
Chris Bounds
1031 Exchange on SFR - Is It Worth It?
I know the question is subjective. Obviously there is a tax savings (deferred) benefit. For those who've gone through the process on a SFR, did you find it worth the extra steps, time involvement, and (maybe) hassles ...
Sian Cromer
Capital Gaines and 1031 Exchange
Hi there! We have 3 properties locally that we rent to Business Professionals and are considering selling them for an investment property in the Panhandle of Florida. We would love some feedback on 1031 Exchange. Woul...
Carlos Ptriawan
1031 non qualified use when selling rental that was primary
Hi, In this scenario: The first 4 years the house is primary, 3 years as secondary and the last 2 years as a rental. If I sell the house now and do 1031, is my 1031 deferred tax will be 100% of the capital gain or wil...
Yenika M.
Selling investment property
Hi Everyone!Please help me figure this out. When you sell real estate. Is there a way to avoid paying taxes?