Christine Krizenesky
Pay off a rental or not?
We recently bought a rental and have a mortgage on it, I want to pay it off quick and thought about doing flips and using that money to pay for it. I realize I will have to pay gains on it if I don’t do a 1031 exchan...
Chris Collins
Fell into House Hacking, Emerging as an Investor
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $675,000
Cash invested: $122,812
We went into this LA property with a SFR homebuyer's mindset. We had never...
Michelle P Stafford
Advice on a Rent to Own Commercial Property
Hello all,I'd like some advice from the group of experienced investors. Here's my situation in short details:Bought a commercial property for $699K in 2019 through a 1031 exchange which cash flowed beautifully until l...
Miguel Quintana
1031 intermediary recommendations
Anyone have recommendations on who to use for a 1031 exchange? I’m located in NJ but unsure if that even matters. What was the process like? This is my first exchange. Any advice is most appreciated.
Stewart Kennedy
Owner Finance_1031 Exchange
If I have multiple homes that I am owner financing to the tenants with a mortgage @175k noteWhen the homeowner decides to sell their home 3-7 year and the new buyer pays of my note what are my options? 1) can I buy a ...
David Ounanian
What are the most effective exit strategies for real estate investors?
Real estate investors employ various exit strategies depending on their goals, market conditions, and investment properties. Here are some of the most effective exit strategies for real estate investors:Fix & Flip...
Walchli Donna
HELOCs - Calculator tool, Relinquished Debt with 1031
Hello All. Three part question regarding my HELOC. TIA for any guidance and considerations. 1) I'm having difficulty finding a HELOC amortization calculator. Anyone have a resource for one that I can use?2) I ha...
Scotty Gifford
Divorced couple, one moves out
A couple signed the lease last December, around September, the woman moved out. She called in October asking for her deposit back. I told her that because her husband and her are still on the lease she was out of luc...
Amy Chang
1031 lease option
We're in a lease option contract with our tenant for our investment property and they exercised the option so we're about to close the sale. We plan to 1031 to another property. My assumption is that the lease option ...
Raj Parwani
Capital gains tax
Does the gain on the investment property needs to be reinvested only to prevent the capital gains tax or the final selling amount needs to be reinvested. One of my friends told me that the gain needs to be reinvested ...