Hi, I own a rental property...single family residence. I have owned since 2003. I understand when I use an exchange company to facilitate sale/exchange, when property is sold the first mortgage is paid. I have an equ...
Hello all,I have a situation where I rented out a a furnished rental unit to a new tenant for 3 months. We signed a lease and the term length is from August 1, 2022 to October 31, 2022. I collected a security deposi...
After competing against cash offers, we secured a property to fix and rent out. Over a year later and 90k in fixing up the property, we have a very nice house that we've had some rental activity on, but not as much as...
Almost 2 years ago now, I started my 5 year plan to save up to buy my first house. I decided on a strategy that includes cash, stocks, and bonds to allow my money to grow. As my asset of stocks has grown, it has gaine...
I heard some rumblings out of NAR (National Association of Realtors) that the industry was looking to do away with 1031 exchanges. I didn't know if that was in Michigan or nationally but has anyone else heard of that ...
I'm considering strategies for selling a property in Worcester, MA which has increased in value since I bought it at an estate sale four years ago with cash.A suggestion from Brian J. Allen was to look at a 1031 excha...
I have about 3000SF of open office space that I'm considering leasing out as executive suites. I have an IT services company and a phone system sales and service company in the building, so I can offer a pretty compr...
Hello
I wanted to introduce my company and product to all of the agents and brokers on this board looking to increase business and commissions.
I am a sponsor of 1031 exchange properties, and we always have invest...
If you have set up a DST for asset protection, and/or anonymity, please let me know your thoughts. I have just started communicating with an attorney about this method but would like to hear from others as well.
Who ...
Several years ago my husband and I, 1031 exchanged into a home with several unimproved lots. It is zoned R-3. We would like to build multi family on these lots. What are the rules for improving on 1031 exchanged pr...