Under Section 1031, can we purchase a single-member LLC which owns real estate, or does it need to be a real estate asset with a grant deed under only the company that sold the asset?
 

This weekend I closed on property number five, thus concluding my 1031 exchange.  I bought a condo in Boulder 5 years ago for $170k, and sold it in May for $305k.  I had $210k burning a hole in my pocket and was able ...

I’m selling some properties for significant gains and would like to 1031 profits from 1-2 of them. I own a duplex lot and plan to build once these deals close. I know it’s possible, but I’m struggling to find much use...

HelloWe are looking to list our duplex homes in North topsail Beach North Carolina. With the CMA the realtor just provided to us, we may have over 350k in capital gains if each home sold for about $430k. I own this p...

I need to use the proceeds of a 1031 sale and I am looking at online properties. However, I would need to make the payment to a title company even though I buy it on an auction site. Are there any recommended site whe...

Hi guys,If i do a 1031 exchange, how do I have to wait to pull out my money through a home equity loan?  Are there other possibilities that I should be looking into?Thanks in advance.-Scott

I have a seller that may be interested in selling. But he would like to minimize capital gains from his equity in the property. Anything we can do to help facilitate that. Perhaps have him finance, and thus not one lu...

California Assembly Bill AB 2962 was approved and signed into law by California Governor Arnold Schwarzenegger on September 22, 2006.

California's current income tax withholding law enacted in 2002 and effective Jan...

I'm planning to create a Living Trust in the near future and get all assets, etc. into it. I know that with properties that have been and will continue to be in a tax deferred state due to 1031 rules, one is not suppo...

We are under contract for a complex in Illinois. I am getting the run around from some insurers saying the property does not fit their guidelines or appetite. It was built in 1968, is brick and in great shape. Brand n...