Hi All I signed a purchase contract for a new construction home with a builder few months ago. The price of the same home I am building has gone up by around $150k as per the builder current pricing. If I decide to se...
Can a property that is being worked on for about a year qualify as an investment property for a 1031 exchange ? The property was not in good enough shape to rent and I was working on the property after my dad moved ou...
I bought some land and may just happen to flip it for a profit. (sell it less than a year) Will it still be eligible for a 1031 exchange? And if the property I sell is in Oregon and the equity or profit at that point ...
A fellow Bigger Pockets member shared this information on another post. I wanted to repost as I am an Investor- Friendly agent that receives inquiries from aspiring and seasoned investors. Both need to understand tha...
Hi all, I have a rental property that I bought in Feb 2024. After rehab, I have been renting it since May 2024. Hence, no tax filing was done for rental income from this property yet. When would be the earliest time I...
Can I 1031 a property that I have only held for 9 months? What is the skinny on the "length and intent" and the 2 year safe harbor?
How do I finance something in any capacity when it is out of my league but so ripe I cannot stop talking about this? the deal is listed at 6.4 million for 90 units in foreclosure.
I am buying a house this week that I plan to hold for a while as a rental. I plan on paying cash for the purchase, rehabbing, then refi'ing. Is holding personally or in S-corp most tax advantaged? One issue is most...
Hi Guys, First post on here!I sold a warehouse that I owned since 2011 this January and did an exchange carrying over $1m into another commercial property purchase price $1.5m.Im currently submitting plans to the city...
We are three siblings, all listed on title for a home. One sibling (single) lives in the home as a primary residence for the past 10+ years; the house has never been rented out. The other two siblings have primary r...