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I would like to sell a property we own for $175k and use the proceeds in a 1031 to buy a lot with an abandoned house, tear it down, and build two duplexes values at 375k together. Is this possible to do within a tradi...
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Closing on a flip property that we’ve fixed and owned for about 4 months now. Potentially have an opportunity to buy a 6 unit apartment building well below market value. Can I roll over my profits from the flip into a...
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Clients just sold a property & are 1031 Exchanging to a new property. Both the husband and wife were on the title, and the loan, of the relinquished property. They will both be on the title of the new property. ...
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I’m curious to know if any property managers / land lords near college towns have had any success on direct marketing to “foreign or exchange students”?I hear from some colleagues that more and more students every yea...
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With the 1031 exchange Do you run numbers as usual on “like kind” properties and then present them to a lender?How would that work being that I wouldn’t need the purchase and renovation cost to be covered completely b...
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Good day Bigger Pockets family!
I want to take advantage of this booming market and put one property up for sale. Since I have owned home for less than two years I want to avoid hefty tax bill and sell with 1031 ex...
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My question is in regard to the 1031 exchange. I’ll have 2 properties in this theory that i’ll lay out. I am new to REI, so i’m not sure if this is even possible. If there’s something i’m missing here please let me kn...
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I just learned that Biden is capping the 1031 program at 500k of capital gains. I was curious to see what some your strategies and ideas are surrounding this and, does that mean SFH is is going to be even more tough f...
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Hi everyone, I have quite a bit of equity in a single family home, and ideally I'd like to 1031 exchange it into a commercial real estate purchase. However I don't want to be pressured into finding a deal within 45 da...
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Investment Info:
Large multi-family (5+ units) buy & hold investment.
Purchase price: $1,435,000
Cash invested: $287,000
Contributors:
John Warren
Great cash flowing 19 unit build...