We recently 1031'd a rental property for a rental property. After closing, we realized the new rental property is in much worse shape than we originally thought. Can we do a major renovation to the property and write ...
Hi BP,
I've heard different answers about 1031s so I'd love some clarification: (using simple numbers and assuming I hold for 2 years, leaving out depreciation and selling costs, and making the differences in purcha...
Hi, I have a property A (rental) and property B (primary residence). I am planning to buy a new primary residence C, rent out B, and sell A. However, selling A would mean paying taxes on capital gains. Is there a way ...
Let's say I'm holding an SFR in an LLC (call it "LLC A") and I want to 1031 exchange it into a 4-plex. Before selling the SFR, can I buy a 4-plex in a different LLC (call it "LLC B"), and once the SFR sells and the 1...
Does anyone have recommendations for a CPA and Qualified Intermediary for a 1031 Exchange? Houston area if possible.
Hello Everyone,I am from Greenville, South Carolina.Is there anyone actively doing BRRRR deals in South Carolina? Can you please share your experiences and the market best suitable for BRRRR deals here ? Would love to...
Hi, I've performed a few 1031's and had to pay initial fees. Came across a website deferally.com and they claim to be totally free. Has anyone used them?
I had intended to sell about $5.3MM of rental property and simply use the profits to may off debt on other notes. However, I'm told my tax basis will be close to $2MM after depreciation recapture.
Does anyone ha...
Navigating Regulation D: Raising Capital and SEC Compliance for Accredited Investors Introduction: Raising capital is a critical aspect of business growth, and for many entrepreneurs, Regulation D of the Securities Ac...
Seeking recommendations for a 1031 QI. This is my first 1031 exchange