Hi everyone, looking for some insight on 1031 exchanges. Here's the scenario and facts. I own a piece of property in Austin and have for more than 5 years. It is my homestead and I have lived in it for all five years....
I purchased a house in 2010 and sold it for a large gain with a 1031 Exchange last year. The exchange was done on 4/5/19 for a large lot which cost a total of $270K. The large lot was subdivided into 3 smaller lots,...
Hello all, I am a general partner in apartment syndications and have a tax/legal question. Many in my investor network have indicated that they want to sell their rental properties, and move those funds into our deal...
Hello BP! I have a 4 Plex property that has appreciated quite a bit over the 4 years I've owned it. I am in a 60% LTV position on it. I've been contemplating whether to sell the 4 plex and 1031 into a duplex, pay cash...
HI . Planning on a 1031 exchange with 200k in phoenix. My question is can I do any real estate transactions w 1031 money or do I need specifically to buy the same type of investment that was sold? How is the fix and f...
Is it possible to utilize a 1031 Exchange for vacant land? Specifically can I use a 1031 to move from parcel to parcel? Also, what is the interaction between owner financed land and a 1031 exchange? Finally, how many ...
I just turned 23 and I am 15 months into my first house hack/live and flip deal. My brother and I owner occupy the property and rent out 3 rooms. With just over 40k equity into the deal it's obvious that we want to ca...
Last Friday, the Treasury released their Proposed Regulations [REG-115420-18] on Opportunity Zones - possibly the best tax shelter created, ever! At Marcum, we are hard at work putting together insights as we peruse t...
Furniture for Sale From Luxury LLC Corp. $1.
Sorry to tell all the cottage industry attorneys and gurus on BP that owning or vesting in a LLC no longer keeps your identity secret. It really never did. If you appl...
Hey all, My husband and I are going to sell two of our rental units this year and we are thinking about doing our 1031 exchange for the first time. Based on what I learned about 1031, our replacement property should h...