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I don't know if I'm really looking for an answer, advice, or just getting something off my chest.To make this quick, I will be complete with my very first property this weekend. Its actually done now, just needs to be...
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If you have 3 investment properties in personal names, how can you later sell each and buy another in order to qualify for 1031? They can mix up.If you buy each in different LLC names, easier for 1031 tax purposes. ...
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We’ve been told by our real estate agent and by a lender that we can use the 1031 exchange for our primary, however, everything I’ve ever known about the 1031 is that it is ONLY for investment or business purpose, NOT...
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My friend's parents are looking to do a 1031 exchange and he had a question I was hoping you can help me with.
They live in a 4 unit house which they purchased 40 years ago and it's currently under contract for 2.1 m...
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Any experience with a deferred tax trust vs 1031?Interested in actual experiences for wealth protection. Thanks in advance.
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Hi all,
First post after lurking for a while. Close to approving a well qualified applicant for my second rental property. She has two children over the age of 18 living with her who have not filled out an app yet. I...
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I’ll keep it short, I am 22 as of now own 4 doors, my grandfather has several small apartment buildings he is selling off and I am buying one of his 18 unit buildings and it will be done under seller financing terms. ...
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If I have a tenant who is claiming domestic violence and wants to move out immediately, what are my rights as a landlord?I realize that the safety of a human being trumps my mortgage payment/bottom line - but am I all...
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So I was talking to someone who works in finance for a realtor company. I was talking to him about how to try to obtain this MFH home, I told him my girlfriend seems to be ok with us refinancing our house in just her...
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My husband and I are getting ready to sell his former primary residence, a 2 bed/1 bath brick ranch on a full acre in RTP, about 7 minutes from downtown Durham. The house is situated so that another house (possibly tw...