Question for everyone: I am selling my duplex and doing a 1031 exchange, we are currently under contract. I am teaming up with my Father to buy a different investment property. Here's the question: Because of financin...

Hi,
My husband and I are planning on turning the proceeds from the sale of our vacation rental into a commercial real estate deal. Due to the nature of the 1031 exchange time is of the essence. We identified 2 proper...

I would like to sell a rental property and do a 1031 exchange to buy a property from my mother's estate (I am a beneficiary). I just learned this might be an issue due to related party.

If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...

Our tenants will be moving out in a few months which prompted us to think about what we wanted to do with our rental property. It's only been rented out for 2 years and it's gained quite a bit of equity (approximately...

Hello everyone.I'm trying to breakdown how an IRS 1031 extension notice applies to a 1031 exchange. All help is greatly appreciated. Facts- Property Sale/Closing date: October 21, 2024- Property Location: sold in Miam...

I have a Indexed Universal Life policy that is 7 years old. I'm learning that this may not have been the best move for me and my situation. Does anyone have any experience with doing a 1035 exchange between permanent ...

Hi All,I am thinking to sell my old  property. For example if my property sells for 300k I have to pay 6% to realtor which leaves me at 282k. Out of 282k how much taxes I have to pay right away and how much taxes I ha...

Hello, I was referred to a lawyer who had me set up my entities with evident complexity for liability protection, but now my taxes are quite complicated. I hope to remedy the situation however I need a solid opinion ...

Hey everyone, I am about to purchase a duplex in North Carolina, and the seller is selling the property as a 1031 exchange. The listing agent told me that I have mention in the offer the seller is doing a 1031 exchang...