I found a small commercial building where the owner is wlling to sell and carry the note back on the building.  Seems advantageous for me so I can avoid bank hassle and small out of pocket.  Questions:1. What pitfalls...

Hello, I am going to complete a 1031 exchange for the first time.I recall that I read in a book that most people do not understand the boot rule correctly, and many 1031 QI's implement it incorrectly. Specifically, th...

Okay I have been listening to the podcast and quite of few people say Rich Dad Poor Dad is there favorite read, Now I had this book for years tried to read it but never got into it, But for some reason yesterday I...

If you do a cost segregation study, and take the depreciation early, when you sell the property do you have to pay it back as depreciation recapture if you are doing a 1031 exchange? Scenario: I have two Airbnb’s I wa...

Looking for retirement planning options. Employer 401k is not an option. My income is W2 income and the passive income from investing via rentals owned in a one member LLC with no employees. Roth IRA is not an option....

I purchased a property @ $210,000 and after it's said and done, could probably sell for just under $400K w/$25K in fix up costs.  The problem is, if it is sold in less than a year, I get hit hard with taxes.  I know i...

After doing this for 20 years, I have found that the 1031 rule is a potent tool for real estate investment professionals for several reasons.
First, deferring taxes means you can keep growing and diversifying your po...

Can someone break down a 1031 Exchange for me with numbers to see what you actually profit from it? I understand what it is and how it all works but understanding the numbers end of what I'm actually making and what I...

Hi, maybe this scenario discussed before.i have rental property in Florida (via turn-key provider); i am thinking to sell it to join land development project local in CA and if there's extra gain, i will invest the re...

I have a rental townhouse that we wish to sell when the current lease is up, in about a year. We owe around $100k and its valued at roughly $185k.My question is how will I be taxed due to the capital gain if I do a c...