If I were to raise a syndicated deal to purchase a large apartment complex (via a new LLC acquisition vehicle), could an investor use 1031 proceeds to invest in this LLC?

Hey BP community.  I've spent the last week or so trying to get the answer, but I can't get to the bottom of it.  Here's  a quick summary of my scenario:I just completed a new construction and expect to close the sale...

Hi! Couple questions about sheriff sales in PA. What are the terms of the “redemption period” of Montgomery county, PA? Can someone tell me if this is correct: if the owner redeems they have to pay the full bid price,...

Hello, Our CPA told us today that:
- Based on a selling price of $215,000, I am calculating a gain on the sale of the property of about $127,500. This amount of gain creates approximately $24,500 of additional feder...

Hello BP!!

During some research I have came across Dodd-Frank and SAFE act regulations with seller financing. As a new investor should I meet with a RMLO and/or Real Estate Attorney:

Before I start maki...

My buddy told me he bought a camper and is able to write off the interest because it’s a “second home”…Which got me thinking…. Can I buy a sailboat as a second home, and write off the interest if it has a cabin? What ...

Landlord since 1999. Duplex I lived in back in the day and kept after moving out. Very good area (Northwest Arkansas) and good property to attract solid tenants. It's been 95% good experience all these years as I scre...

Hey BP community,I hold a small portfolio of four properties in Memphis. I am sorting out my cash out loans on my SFR's in Memphis. Have hit a major hurdle with lender and title company with notarising the docs by the...

Hello All!Quick question, I was explaining the 1031 Exchange to one of my friends and he had some questions for me that I couldn't answer.  Please help!Is there a specific amount of time that one must own/hold a prope...