Hello everyone! I need help with deep explanation as this will be my first property i will ever do an exchange on and will need some assistance.My question is if i have a property worth 140,000 can i exchange it for a...
Trying to understand how this works? Is there a simple way of explaining it? I googled it and got a link: http://www.atlas1031.com/1031-exchange-rules-requi...Is there anything else I should know about it ?Thank you.
Hello All,I am not currently in the real estate market (have 1 semester of college remaining) but am trying to do as much research as I can now so that I can hit the ground running once I graduate.I read "Wealth Prese...
When an agent list a property as seller doing 1031 exchange, what do it mean to the buyer? Will the seller willing to accept lower than listing price? The seller is not actually in a hurry to sell? so on....
If I sold my 35,000 rental investment threw a 1031 exchange to avoid taxes can i transfer that and buy a a house for 100,000 in florida and use that 35,000 as a down payment on the new 100,000 investment, and can it ...
Hello BP,I'm considering selling one of my properties in a 1031 exchange. What I'm looking to possibly do is on the sale keep some money in the property I am selling to retain say 5% ownership likely structured in an...
I have a house in Irving Texas. I owe about $160,000.00. Zillow has its value at $303,000.00.I know I can't rely solely on Zillow, but I feel it gives me a range (+ or -).My question may is would it be possible to do ...
We are in the process of selling commercial property that we own in NJ. Unfortunately, I think we may have made a mistake in selling it. But it's too late now. We are going to do a 1031 exchange. We need advice on the...
Hello!My question is simple to me but the answer im not so sure of. If i sell a home and net $250,000...would i be able to use that as 25% "downpayment" on another like kind property? I am investigating properties i s...
I have recently rehabbed a Property. I Purchased the property under my personal name. It is now on the market so I would like to sell it and do a 1031 exchange under my LLC name. Can this be done? Any suggestions woul...