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When you do a 1031 exchange does the intermediary ONLY hold your gains on a property or the FULL sale amount?
For example you buy something for 100k. You sell for 150K. Is only the GAIN (50k) held or the full amoun...
Situation- I represent the buyer- We've been under contract for the purchase of a home, but with a home sale contingency. 45 day close. The buyer was going to pay cash from the home sale for the purchase, so I added ...
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Hello,
I am looking into buying my first flip. I found a house that is priced well below market value and the comps around it. But it is an "estate sale"
Does anyone have any helpful tips or information what the ...
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This is my first short sale and there is a lot of information regarding short sales on bigger pockets and lot of other sites but i am even more confused after reading the articles and trying to compare what stage of t...
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I bought a HUD home to flip awhile back that was foreclosed on a deceased person. My closing from HUD went fine and I was issued a policy. I am now in the process of selling and the new Title Companies underwriters ...
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I have a 2bd/2ba condo with one car garage in San Diego, CA that is worth $330k. I am interested in doing a 1031 exchange for a multi family property that is worth about 680k. The owner of the property welcomes 1031...
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HI All,
anyone know if I can do a 1031 exchange to purchase an FSBO? Any rules or things to look out for? Thanks in advance!
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I've been trying to buy a home for the wifey in this crazy FL market. The short sales are a joke, and the REOs are almost as bad. Lenders and realtors are turning them into auctions.
I actually looked at a propert...
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Checking to see if this possible. I will be entering contract shortly with a 90 day close so clock for my 45 day ID period will probably start in February/March. If I'm interested in a new build (multis) and I am able...
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Rant/advice please. .. so I closed on the final sale of a flip on friday, and in my attempt to outsource and spend less time "in my business" and more time "on my buisness" I signed a specific PoA over to my listing a...