Nick Coons
Capital Gains vs. Ordinary Income, & 1031
How long do I have to own a property before I sell it and the proceeds are subject to capital gains taxes vs. ordinary income? I believe it's one year.. but is that a calendar year (i.e. 1/1 - 12/31) or just 365 days?...
Stu Bennett
Selling my first flip but it’s got foundation issues
I have a home built in 1947 on a dirt crawl space with very little clearance. Original part of house was a cottage with two additions built on each side but clearly has settled and original floors are not level. I was...
Austin Snowdon
Selling 1 property and 1031 into 3 lower price properties
Say you sell a property worth a half a million. Is it possible to 1031 exchange it into 3 separate properties that equal the half million?
David Willis
How to buy a reversed mortgage property?
I’ve identified a property that I would like to buy. The problem is that it is owned by a bank that took ownership through a reverse mortgage. The tenant has since died and the bank has been unable to find the right...
David MIller
1 property in a 1031 exchange to 2 properties possible?
Hey BP my mom is thinking of the future and eventually selling her home, it's worth about 1.5-1.7 million. I was wondering, for a 1031, is possibly to spilt it in 2 two properties? Let's say 2 750k properties? Or must...
Adam Rogers
Best place to advertise a portfolio of single family homes?
My partner and I are interested in selling the single family homes we own and reinvesting in medium to large multifamily properties. Rather than selling each individually I am thinking it may be better to sell as a w...
Steve S.
Selling SFHs to buy an apartment building
I have 6 SFH which are all rentals in Florida. I am moving to Texas in two years and would like to purchase a small apartment building 20-30 Units. What is the best way to sell all properties and pay the least amount ...
Alan Asriants
Why having an investor agent is important to an investor looking to buy/sell
Buying:
An investor agent knows how to run numbers on properties and can help determine a good or bad deal. This is important because an agent who understands the numbers, rates of return, cash on cash, cap rates, NO...
Charles Kimber
First time getting started
I am new to wholesaling but I have learned so much information.I have a buyers list I just need help finding sellers and who determines the right value price for the property.
Todd Young
1031 Strategy: Sell first or find replacement property first?
I first posted this in the Buying and Selling Forum, but I think it is better suited to this forum as ya'll are big multifamily investors. I'm ready for my first "Big" 1031 exchange. I've done several 1 for 1 exchange...