Hello BP Professionals, I’ve been having a tough time finding an investor friendly buyers agent in my area. I’m a new investor looking to get started with homes in Prince George’s County and the tip of Southern Md (w...
Just saw an article on Bloomberg alluding to changes with 1031 exchanges. The gist I'm getting is that the cost basis for the new property will be stepped down to adjust for depreciation on the property that's being ...
Does anyone know if you can complete a 1031 exchange if you sell a property but carry back a small second mortgage?
For example, if you sell a property for $1mm and receive $900k in cash and carry a second mortgage f...
We received an inquiry on one of our rental properties from an agent. He said he represented a non-profit organization who is partnered with the state to provide housing for homeless teens. The state would pay the ren...
Hello...my brother and I will be inheriting a single family residence and we will most likely sell it...I do not believe my brother will be interested in owning investment real estate but I would like to re-invest the...
Im selling some condos under an LLC (I am the sole owner of the LLC) and would like to 1031 that gain into RV park and mobile home park partial ownership investments as an individual. Are those investments like - kin...
Hi Gang,I have a property that is currently a rental. My parents are thinking of buying and adding to their portfolio and I would take the proceeds and 1031 exchanging into some more properties. Does this violate th...
The Lynnwood Link light rail is getting built right now and it will go through the Cities of Shoreline, Mountlake Terrace, and Lynnwood. You can see the map in here https://www.soundtransit.org/system-expansion/lynnwo...
Hi
After finding this as one of the alternative 1031s on @Dave Foster pdf overview I am thinking it’s a strategy I can look to rather than finding a ready-2-rent property to buy.“Improvement Exchanges allow you to pu...
I have a rental property located in Metro Detroit (Macomb County) in a very nice neighborhood. Just got a 30-day notice to terminate the lease from my tenant. I need to decide whether to sell it or find a new tenant...