Here's our current situation:
1. Have a single-family home in Florida, purchased in 2005 for 202k
2. Travel for business and don't currently use as a primary residence
3. Planning to invest funds into the home in o...
I recently read an article in a business journal regarding investing in real estate through crowdfunding. Has anyone on this forum had experience dealing with Fundrise, RealCrowd or Crowdstreet? Anyone care to discu...
Investors often ask “what happens to my 1031 exchange transaction if I sell my relinquished property and cannot find suitable like-kind replacement property to identify, or I cannot acquire the property that I did ide...
I am considering selling a rental property that I have owned for 10 years and immediately (within 30-60 days) buying a much more expensive rental property. Wondering if a 1031 exchange is possible and if it would be ...
I'm somewhat familiar with the tax advantages of a 1031 exchange. It's awesome that the government put this act into effect but I do have some questions about the full process. My current understanding: in order to av...
Hi, I purchased an 8-unit set of townhouses in Seacoast New Hampshire in September 2020 and renovated all 8 units from October to January. The total project cost was ~$1.0M and now, based on current income/expenses an...
Hey Everyone!My partners and I built a rental property for $350,000 and have an opportunity to sell it for close to $750,000+ based on comps in the surrounding area for the last month. Construction started in February...
I know its of the items National Association of realtors is asking of the government. They are powerful lobby group in Washington and I feel like they could have some sway. There is also revenue procedure 2007-56,...
Hi, I know in some instances I can 1031 into a deal on a crowdfunding site, and can then keep on 1031'ing those funds between crowdfunded deals, but can I 1031 that money out of the crowdfund platform and into an actu...
I wanted some feed back to make sure I am analyzing this correctly. We are considering doing a JV flip and would reinvest funds. I wanted to make sure I am looking at the tax implications correctly. This would b...