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I own a couple multi-family houses in northern Baltimore city I’m looking sell soon. Can anyone recommend a good/experienced Qualified Intermediary for 1031 Exchanges in Baltimore City/County or Harford County? This w...
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Hey BP Family!I'm looking for some guidance on initiating a 1031 Exchange. I purchased a SFH in NC under my LLC. I'd like to sell it and use the funds towards a vacation home in Northern California (the property has a...
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Looking for information on the 1031 exchange. Is there a limit for how long you can use it without paying taxes on your gains? Does it have to be for a primary residence? Thank you in advance.
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Question: With a 1031 exchange; are you committed to the 1031 exchange after you sign a P&S on your relinquishing property OR after you close on that property?
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BP,I'm having a hard time understanding the true requirements for a 1031 exchange. I'm hoping someone here can give me some guidance particular to my situation. I purchased a condo in 2018 for 120k and currently owe...
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I did a 1031 exchange 3 months ago. Sold one house and purchased a 7 condos. The original house was under an LLC and the condos were purchased under the same LLC. For liability reasons, I want to move each condo into ...
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I have what I think is a fairly unique situation, but I'm hoping someone on the list may have experience with similar...I live in a house that I purchased in 2010. From 2010-2016, it was a rental property. It became m...
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In the purchase sale transaction, whose responsibility is it to notify buyers and sellers that your transaction will be part of a 1031 exchange?
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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 ...
I am looking for a 1031 exchange to sell one property in California / SF Bay Area to multiple properties in other states.I bought the home for $200K. It is worth now $600K. I plan to invest the $400K of gains in poten...