Hi! I have a 5% investment with my parents in a commercial property. I was wondering what the tax implications would be if they were to buy me out? I was hoping to use that money and some of my savings to purchase a h...
I'm looking to do my first 1031 exchange in the near future. Does anyone have a recommendation of a broker to help facilitate or experiences/advice or do's-and-don'ts on how to Do It Yourself?
Does anyone happen to know if I can do a 1031 exchange from an investment property (property I am selling) into a primary residence (property I am acquiring)?
The background is I plan to sell a single family investm...
I have a single family rental that makes excellent cash flow but I have probably $100,000.00 in equity in it and am looking to move on from it. It is currently rented but I am wondering how to best handle these situa...
Im hearing that I have to use a 1031 exchange agent to handle the money inbetween sale and purchase of the next property. Im hearing $1k+ to handle the process. I'm in TX. Does anyone know anything about this and is i...
A friend of mine is looking into doing a 1031 exchange on some property; however, he's getting some conflicting info on one aspect of it so I thought I'd ask the experts here.
Here's the situation:
He is selling som...
I'm wondering if this is possible?
My mom recently bought a condo that we are going to try to flip. We want to put the profits from the sale into a 1031 and have her buy an investment that I currently own. ...
Hello, I purchased a view lot at the bottom of the market and would now like to sell it and put the proceeds into a rental property. Does anyone have a book or other resources they would recommend to a 1031 newby?
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Hello BP,
I am in need of your infamous brilliance. I am currently going through a 1031 exchange and wanted to ask a few questions about 1031 to understand the scenarios better. Thank you for any help you can...
I'm considering selling a property I own outright (worth 150k) and then, after realtor's fees, using a 1031 exchange to use the return from that sale to fund three or four new houses (30-35k down each). I understa...