Jay Green
1099 Exchange options with Spouse
My wife owns a property that we've been renting out for the past 5 years. We're hoping to sell it in the next couple of months and 1031 into a larger property. To qualify for a larger property we'll need to use my inc...
Chris Martin
1031 exchange - percentage ownernship identification?
I will try to keep this short and to the point. We sold a property and hired a QI to handle the 1031 exchange. Our Replacement Identification did not include a percentage ownership (it was/is assumed at 100%) and by t...
Lawrence Rutkowski
Cash Out Refinance/1031 Exchange
Hello friends.Are we able to use the proceeds from a cash-out refi on an investment property and 1031 it towards another? Also, if so, how does one go about putting that money into a 1031 exchange and doing this? I'...
Matt Kitto
1031 Exchange to Multiple Properties
I have a property that has appreciated a lot. I would like to sell the property and buy multiple properties via 1031 exchange. Does anyone have any experience using this method? Thanks!
Account Closed
Save the 1031 Tax Exchange!
Everyone must write a letter to their congress and senate representatives regarding keeping the 1031 exchange. This may cause some folks go into debt with the IRS and may even cause bankruptcy for some. Please don't...
Ashley Pimsner
Chicago 1031 exchange qualified intermediary
Hello BP,I am in the process of selling a condo in Old Town and want to exchange it for either one or two multi-unit's with proceeds from sale.I am curious if anyone locally has an experienced attorney and qualified ...
Alex S.
Any update on 1031 exchange.
There was a proposal to do away with 1031 exchanges. Any thoughts if this will happen? any updates?
Max D.
Depreciation "Basis" on 1031 Exchanges
Hi All,This is a question for the CPAs and tax experts out there. How does one figure out the basis ("depreciable value") on a multifamily 1031 exchange if the investor has run out of depreciation on their current ass...
Patricia K.
Advice appreciated! Exchange rate problem
Hey BP,I want to invest in my first rental but there is one thing that has been stopping me; the exchange rate. The money I have is in Canada and the Canadian dollar is getting worse compared to the US. I want to bu...
Jimmy Warr
Refi or 1031 exchange question.
In Memphis TN,
I have owned a small triplex for a little over one year now. Do you know of any local banks that would re-finance this property or that would do a 1031 exchange for A larger building. Though my propert...