HELLO BP land: there must be many many folks whom have done 1031s here and many attorneys and CPAs but I wanted to know...we have a SFR title is in wifes tax ID (we live in WA but house is in CA [where we used to live...
Hi BP, I'm here again with another 1031 exchange question.Our home is currently in escrow, estimated to close at the end of this month. We are already pre-approved for a loan, but there's a catch. My husband is the so...
Tax season is in full swing, and for most individual taxpayers, the looming deadline for filing and payment is Monday, April 18, 2022. However, life can get complicated, and if you find yourself needing more time to g...
Never did 1031 but based on what I read it may not be an option for my situation. I owe two duplexes in my name and my wife another one. Can we sell the three on 1031 and exchange it for a single larger property? Prob...
I recently sold an investment property and buying a restaurant building in exchange through 1031 . The relinquishing investment property was on my name which I bought many years ago. Now that the investment has grown ...
Piggybacking this great post:https://www.biggerpockets.com/blogs/5070/37244-103...Question #2: Can my spouse and I sell a property that we own personally and buy a replacement property in a LLC that is owned by both o...
I have a vacation home at Lake Tahoe that I do not utilize often. I would like to sell and purchase another unit in the same area and was hoping I could do a 1031 exchange. Current property I do not rent due to the H...
I couldn't find an answer, so I came here =). I'm looking to 1031 a property, which I own jointly with my wife, but she has poor credit. My thinking was that I could use a Q. Claim and get her off title, and then do t...
Hello All,I was hoping to find out under which circumstances can tax sales in Alabama be voided? For instance, if the listed address of the tax payer is incorrect and you purchased the tax certificate, if the tax paye...
@Abhishesh Acharya and I have presented some, mostly non-googleable, high-level overview of some tax strategies. I understand this might be very technical for some of us. If these apply to you, please research more, ...