My wife and I have an LLC. We divorced last year. We are in a community property state. The rental proceeds have been claimed as regular income on our 1040's. We want to sell one of the two remaining properties in the...

Yesterday, we sold our very first Pensacola rental property. Acquired just 3.5 years ago, produced a ROI of 79%. It wasn't listed but received an offer I couldn't refuse. Thanks again BP!  I'm now on the 1031 Exchange...

1031 exchanges are a powerful tool for real estate investors. Here's a brief overview of how they work:1. Like-Kind Property: The property you acquire must be similar to the one you sell.2. Timing Rules: You have 45 d...

Greetings,I am selling a residential rental property and using the $ to purchase a ocean front rental condo. I have an LLC. Could the LLC buy the Condo now, and then when i sell the rental, purchase the condo from the...

Hi all, been reading and listening to specific podcasts for probably 3 months now. Selling my home at literally the best time I could have, purely by luck because the decision to move was made a year ago. Ultimately I...

Anyone know if a 1031 exchange can be done with a personal residence?

Say someone wants to sell off some SFR properties they currently own (individually) and take the proceeds as a 1031 Exchange and invest into a LLC that is going to invest in single family real estate. Under what circ...

Hi Team,Can you please recommend 1031 exchange intermediary based on your experience who can guide for the first timer to do successful 1031 exchange or alternate options?Thanks,Sanju 

Based on what I read, I believe that if I am selling an investment property for $1M, I need to by another investment property(1 or more ) totaling value $1M. Talking to a CPA, she says that you only need to buy next p...

How long would  I have to be moved out and renting my primary residence in order to be able to sell it and do a 1031 exchange?  thanks in advance.