Can someone tell me how bifurcation and 1031 exchange works?
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $230,000
Cash invested: $35,000
Sale price: $335,050
Home flip working with inheritor to bring the house fro...
In January my wife and I purchased 130 acres of land, for 480,000$. we are going to sell two 10 acre building lots, probably for somewhere between 100-150,000 each. we will keep the other 110 acres. 2 acres we will ...
Hello all,
I am in the process of building/acquiring my first investment property. I am looking at the possibility of building a new duplex, but have some questions/concerns to the appraised value after completion.
...
Hello! I am in discussions with a seller and I’m pitching seller financing. The seller wants $1.8M and they own outright, for decades. It’s in southern Maine. What tax benefits can I spell out for them? They’ll lose a...
So i am selling a multi family and will use its proceeds to buy another one close by. If I want to do a 1031 ( any reason I should not? ) , when and what shall I do?in the selling contract , shall I note it is 1031?i...
Hello,New to the forum, feeling very much like a newb in this whole real estate tax world. Hoping someone can help clarify some information I've gleaned from my accountant. Thanks in advance for any and all help to pi...
Hi There,
let say that a property is being sold at 1M. Seller has 300k in equity rest is on a fannie mae loan. Instead of me giving a down payment, seller will finance the 300K in 5 years and we want to structure t...
Hi BP Community! My question relates to syndication structures with respect to how a sponsor categorizes cash distributions.
If you have syndicated a MFH deal, have you chosen to categorize the cash distributions (w...
Howdy Bigger Pockets Community!I am a real estate broker in Colorado and have had a few marijuana shop owners chat with me about financing a home purchase. Obviously conventional financing will not fly do to the feder...