Teresa Wang
1031 Exchange - investment property qualification
I purchased a small house in 2018 and rented it out from Aug 2019 - Aug. 2020 to my sister to use as storage. In Aug. 2020 to now, I tore it down and rebuilding a bigger house on the property. Since I rented it out ...
Lynn Z
rolling 1031 exchanges - holding period
Does replacement property have to be "held" long term or can you improve the property and do another exchange "equal or better" ? Isn't the intent of the law to continue your investment and therefore you are merely ...
Joey B.
rehab sell reinvest profits?
Have a question I can't find an answer to. I just bought a house that I am planning to rehab and sell and hopefully profit enough to pay cash for another with those profits and then rent the second one. This is not...
George P.
SDIRA - several weird questions
I have a few specific questions about SD RothIRA, perhaps someone can chime in...
1. When I purchase the tax lien OTC, will the custodian (I am leaning towards Equity Trust) send the check to me or the Tax Department...
Krystal Ahn
1031 on already 1031 exchanged property
I did a 1031 last year - can I sell one of the 1031 properties to do another 1031?
Brett Benjamin
Best way to handle a house/land split & flip?
I had a question that was a bit above my current knowledge level, wanted to get some opinions here (thank you in advance). 2 months ago, my wife and I purchased an investment home that sits on a double lot. My agent ...
Frank Rodriguez
24 MONTH FLIPPING
I have been using the term “24 month flip” for so long now, I believe I have coined the phrase. In fact, for the purposes of this post I’m more than happy to take ownership of it, because this is an investment strate...
Jason Seward
Questions on 1031 Exchange
I am looking to buy a Vacation rental cottage in OBX N.C. which I plan to move into as my primary when I retire several years from now. I have been approved by a lender and have begun my search for homes. I had an ide...
Jacob Daniels
Selling a house that was going to be a BRRRR
Hello all!
We recently purchased a property with the intention of holding it as a rental. Property went under reno for 4 months and fully updated everything. Its been sitting on the market as a rental for about 2 mon...
Brett Benjamin
Best way to handle a house/land split & flip?
I had a question that was a bit above my current knowledge level, wanted to get some opinions here (thank you in advance). 2 months ago, my wife and I purchased an investment home that sits on a double lot. My agent ...