Steve Hungerford
Can a Residential Property be part Investment(1031) & part Residential ? If so.....
Hello,
Here is the scenario. An investment property (residential-rental) that would be 1031 into a bigger more expensive residential property. Part of the property would be used as a primary residence and part as a...
Ilya Plugovoy
Selling Duplex in Minnesota
My wife and I are looking to buy a duplex and house hack it for 2 years. If after those 2 years, I rent out both sides but sell the property in less than 5 years, would I have to pay capital gains taxes on it since I ...
Kevin Christensen
Refi Question for Active BRRRR Folks
Hey guys. I started doing real estate in March 2019. I just purchased my 12th property. I am just starting to look into options for refinancing them to get my cash back out. Should I consider doing a portfolio loa...
Gregg Wood
The Incredible Shrinking Real Estate Investor
Investors continue to be a big percentage of home sales although overall home sales are rather low. Big investors started pulling back from the housing market late in 2013 and steadily into 2014. But even as that tr...
Sean York
Development Partner Agreement Terms
I have a potential opportunity to partner with a new development company that has equity backing, construction lender, GC and Asset Manager on board and are building their first projects in one city currently. My rol...
Daniel Pitner
1031 - HELP - I'm so confused
As the title says, I'm SO confused. I'll get right to the point: I'm not sure how much I need to reinvest to do a 1031 and how much of a purchase price I need to purchase at. Everything I read says I have to purchase ...
Abel Curiel
Motivated Seller with a legal/wholesaling question...
Good Evening,I have a bit of a legal issue on my hands at the moment. I, along with 2 other co-borrowers/co-owners, own a property which I DESPERATELY want to either sell or get bought out of. SituationMyself and 1 ot...
Jenny Tang
Need Help with mortgage or exit strategy!!!
Hi Everyone.... I have a multi family located in the short north, Columbus Ohio. I had purchase this with an FHA 203k reno loan and it has been a nightmare with the progress. Long story short.... The property is gut...
Jeff Klein
Deductibility of depreciation: on which property is it based?
After a 1031 exchange, depreciation is tax deductible from the income generated by the replacement property. Is the depreciation amount based on the cost basis of the old property or the cost basis of the replacement ...
Brook Young
Post Divorce 1031 Exchange
Hello BP Community - My ex husband and I co-own a rental property (we are on both the title and the note) in San Diego. We are about to put that property on the market and split the proceeds. My questions are ... 1. D...