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I am a first time 1031 exchanger and am a novice purchaser. I own a 4plex in San Marcos, CA (San Diego County) that I was given by my mother in 2018. She has since died and I no longer have any reason to keep going ...
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What are the comparative benefits and challenges of using a 1031 Exchange vs. investing in an Opportunity Zone? Share your experiences and insights.
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Hi everyone!Has anyone done or know of a deal where the owner did a 1031 exchange but also seller financing for houses? I'm in talks with a owner who has several hundred properties. I'm looking at getting a lot of 10 ...
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Has anybody done seller financing with a property that was a 1031 exchange? I'm looking at a triplex that the owner has had since 2003 and was part of a 1031 exchange. They tried selling last year but couldn't find an...
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Hi,
I am under contract on a 24 unit property. The seller currently has a mortgage on the property. He has offered seller financing as an option for us. One issue we ran across is that an appraisal might not come bac...
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I have very recently completed a 1031 exchange. I sold a property in the Bay Area (California) and purchased five replacement properties in Florida. One week after completing the exchange Marion County, FL, contacted ...
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Hello everyone
I have an opportunity that I am trying to take advantage of and want to know if I can also take advantage of the 1031 exchange. I have a property that I am close to finishing. Our intent for the proper...
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Im selling a rental property and would like to do a 1031 exchange. Ive identified a replacement property but am not under contract for the property Im relinquishing yet. If I do reverse 1031 exchange, can I take out a...
Can someone explain to me how a 1031 Exchange can be used to fund a deal? What are the advantages?
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Shout out to @Dave Foster, @Scott Rodli, and the team at ERG (Exchange Resources Group). I recently performed my very first 1031 exchange, selling one property and exchanging it for three replacement properties. The...