Lori F.
How is a partial 1031 taxed?
I was planning to buy 2 replacement properties as part of a 1031 exchange. Now one of the replacement property purchases may fall through. How would taxes be computed on a partial exchange, where I would be buying dow...
Andrew J Palmer
Unique 1031 situation
I am trying to get some information for my Mother about 1031 exchange. I will try and explain the situation as best I can.My Grandmother passed away 5 years ago and left my mother and her three sisters a single family...
Johann Jacobs
Property prices are going down in South Africa, and I like it
Let me please rephrase that; RELATIVE property prices are going down in South Africa. According to the FNB House Price Index residential property prices have declined relative to inflation for the second year running...
Samuel DeMass
California State sales tax on property?
I have a friend who is selling a condo in San Diego and they told me they are being hit with what they called a "State sales tax" that amounts to about 3% of sales price!To be clear, this is something separate from ca...
Ekow Essel
Operating Agreement Approach
Hi everyone,
I'm in the nascent stages of establishing an LLC with my partners (4 in total), and am curious if your experience recommends we draft one ourselves or we rely on legal counsel to draft? I've seen some e...
Elizabeth Beard
Wholesale AND Retail
I’ve already formed my LLC for wholesaling and closed my first deal last month. However, I just passed my real estate exam and I’m going to affiliate with a broker who understands that I’m focused on investing. Since ...
Todd Hensy
First time home buyer - where to find Foeclosures in my area?
Hey everyone,I am a first time homebuyer....well actually ..I am a 2nd time homebuyer. I actually filed for bankruptcy a few years after my first real estate deal. I was crushed.I bought a condo in Florida priced rig...
Kendall Bond
What is a Tax Sale? Tax Deed and Tax Lien
What is a tax sale?In the United States, anyone who owns property must pay some sort of real estate tax to the government. The taxes that are collected pay for public services, such as, hospitals, schools, law enforce...
Stan Plebanek
Has anyone ever done this?
I have a friend that is looking to relocate. He has a nice home that does not need any rehab. If I took over the payments subject to the existing mortgage, it would cash flow but there is always the posibility of th...
Rich Gabrio
Best structure? 1031 Improvement Exchange and TIC establishment
As an investor, I've completed a number of 1031 exchanges over the last several years, and as such have become familiar and very comfortable with the process. I also find them be a great tool to creatively structure d...