I purchased a flip in September of last year for 69k and put about 20k into it (all cash). I am currently in contract to sell for 115k and looking at a profit of about 25k. I was hoping to 1031 Exchange into a Duplex/...

I know this may be a silly question for the experienced REI and CPA's; but is it possible to roll a 1031 exchange from a flip house to a rental property. I know that the investments from the 1031 exchange has to be of...

Hi Everyone,I am working hard on educating myself on all things real estate before I take the plunge on purchasing some investment properties. My interests are purely investment by ways of rehabing and rentals to crea...

Hi I'm building a new Single family residence on some land that I've owned. I want to be able to make sure that I can do a 1031 exchange on the property once it's completed. I've seen comments on doing the reverse (i....

I am selling a property I have owned for one year. The problem is the date the deed was recorded is not the date we closed. When does the iRs see that one year starting from- date of closing or the date someone actual...

Hi,I'm closing on a portfolio of 4 duplexes. All four duplexes are under one LLC and a single commercial loan is servicing the portfolio. I'm considering rehabbing and selling one of the duplexes. My question is this:...

I own a highly appreciated SFR in AZ and am planning on selling once my current tenant's lease expires early next year. My thoughts are to 1031 the gains into a vacation rental (or possibly a full time rental). If I o...

Hi All I signed a purchase contract for a new construction home with a builder few months ago. The price of the same home I am building has gone up by around $150k as per the builder current pricing. If I decide to se...

I am a first time home buyer living in New Jersey. Ive heard of people using a strategy and was curious if anyone had experience doing so. If possible without getting jammed up by the housing authority, I wanted to pu...

Hello,I try not to mooch info, but I can't get time with a CPA fast enough to ask.  I tried.No legal/professional advice assumed, if you reply.  Sold a house in June.  Meant to be a buy and hold, but sold due to a mov...