William Sumnicht
IRS rules - Pairing a 1031x with BRR and a mortgage partner?
Hi all,I have this combo-strategy dreamt up, and I'm curious if anyone (especially tax or 1031 experts) has insights or opinions as to whether or not the IRS would drop kick this right out as taxable boot in a 1031.*D...
Sohil Vashi
Please help me analyze this deal
Hi everyone,I found this property that I am interested in purchasing as a rental property. It is a 2 bedroom/2.5 bath townhouse with 1212 sq ft. The townhouse was originally listed for $120k and has now dropped to $10...
Derrick Dill
1031 exchange question
I'm interested in doing a 1031 exchange, but the answers I've found online have been murky for my specific question:
I want to 1031 exchange my investment property in Ohio for a primary residence in California. Is th...
Lee L.
Umbrella policy vs. Renter's Insurance vs. Landlord Insurance
I've been househacking for about 2 years, and have recently rented out all the units of my property in L.A. Since I won't be at the property any longer and plan to get a few more units in the next couple of months, I'...
Mason Vitalis
Capital Gains in Minnesota
Hey BP! I'm trying to learn more about capital gains tax when selling a rehabbed home or refinancing for the equity. I've heard some say that holding for 2 years is the minimum to avoid capital gains, but I've also he...
Isstad Rashadeem
FHA Loans and 1031 Tax Deferred Exchange
Good Morning BP family,I found myself entangled in loopholes this morning as I finished drafting my most recent Real Estate 5 year plan. I recently received some advice about forming my strategy as a beginning Investo...
Kevin Smith
Is this the right insurance setup?
I have a question about insurance. I've recently changed how my rentals business is structured, and I'm trying to ensure I have the proper insurance coverage. I have one LLC that manages all of our properties (but own...
Jason Chung
How is property tax in Seattle calculated? 1% of purchase price?
I was talking to a real estate agent and they said my property tax will be based on the assessed value and not the price I bought it for. I thought that my purchase price would automatically be made the assessed value...
Gabriel Jaques
Looking for insight (q and a's)
I am currently in the U.S Navy and i have 2 years left on my contract, im 21 years old living in san diego california where i am stationed at. Started this post to see if i could find a mentor, some one who would j...
Damon Riley
Autumn Property Management (Michigan)
Is anyone familiar with Autumn Property Management in Waterford, MI? They are taking over the PM duties from Proway (which was an arm of Strategic Properties, LLC). One source was optimistic that they'd be more resp...