Rachael K.
Legal to move into my 1031 exchange- Safe Harbor clarification- capital gains
Hi, I was hoping to get some clarification on the Safe Harbor law. We are considering moving into our 1031 property and making it our primary residence. We have rented it out the past 3 years. What happens with the ...
Tatyana Shevnina
combining section 121 gain and 1031 exchange
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
Account Closed
Can you do a 1031 exchange of a personal residence (trick question)?
When you read section 1031 it is very clear that personal property is not included in this type of exchange. Homeowners that qualify though can take the section 121 exchange.
There are circumstances though that a 10...
Carlos Flores
High FICO, low balances, pay on time? You're likely to Default
According to this article, http://www.examiner.com/article/the-fico-credit-score-and-strategic-default, researchers have found distinct character traits that identify potential strategic defaulters. They say strategi...
Charles Plimpton
Leasing SFR to Assisted Living Operators
Hello all,
I'm looking to buy SFR's in Southern California and lease them to assisted living operators. I just want to be a landlord--don't want to be a caregiver.
Do these sorts of deals actually happen in practice...
Account Closed
question about building a house...
Hi All,
Had a quick question and I thought this would be the best place to ask...
So I have a close family relative that is a general contractor and has agreed to assist me in building a 2500-3000 sq. ft. home. I wo...
Sean Lee
“Second Home” Investing strategy
Hello,Does anyone have experience buying an investment as a “secondary home” or a vacation home as an investing strategy? Buying a secondary home allows for better loan rates and lower down payment but you need to “li...
Vijay Nidumolu
question related to rental demand for buy and hold in clayton NC,
Dear all,My realtor really likes Clayton NC and its neighborboods for buying a relatively new property and renting it out there. I am not sure of the sustainable rental demand in Clayton area, as there is really lot o...
Mike Polizzi
Hurricane Sandy Re-Build: Need Advice for my Parents!
Hello BP, I need your help now more than ever!Here's the scenario: In October 22, my family found out that our life life long vacation home/rental property was absolutely demolished in Hurricane Sandy. Although my par...
Christine Sykes
Anyone get started in REI later in life?
Hello everyone, I'm wondering how many of you started investing later in life. Anyone start in their 40s, 50s or later?If so, what has been your experience so far? Are there any strategies or concerns specific to inve...