Ahmed Abutaleb
Syndicating my own 1031 Exchange
I have a SFH with equity that I will be selling and 1031 exchanging for a commercial/mult-family property. Can I legally syndicate the new acquisition, and if so, will this just create a tax accounting nightmare?Ahmed
Aliyah Lockheart
Loan servicing Company
Can anyone recommend a mortgage servicing company that reports to all 3 credit agencies? I have a seller held note on 1 property. The buyer wants it reported to the credit agencies. I am not set up to do so and do ...
Allison Meggison
Should i use a promissory note for earnest money or no earnest $?
An escrow officer in the San Diego area told me I don't need an emd to tie up property but I was under the impression that I did. Should I do a low emd or a promissory note for emd? I don't understand
Lou Forino
forgiveness of rent/sec deposit in exchane for keys
We are in NYC and I have a property that we are in contract to sell, but it must be delivered vacant. One tenant agreed to leave at the end of March in exchange for rent forgiveness. Feb & March, minus 1 mo. secu...
Baha M.
BP Nation: Please help with sale of 50% ownership in duplex!
Hey guys, im in process of selling a 50% interest in my duplex to a business partner who will be paying me via funds from a 1031 exchange. We will be tenants in common/joint tenants. He wants me to sign a grant deed a...
Annie Shao
How to start investigating markets for 1031
Hi all: Just found this forum via google, so much amazing information! My husband and I own a couple of small buildings(3plex & 4plex) in the bay area. They are both doing great cashflow wise and we don't hold a...
Dave Pate
small apartment acquisition
I now own my first apartment building, a 5 unit bought for cash (1031 exchange). After a rehab my property manager has it 100% occupied. Now I'm thinking bigger and looking around for another apartment building, mayb...
Pradeepan V.
1031 exchange( 2nd partial rental home)
Hi
I have a rental property I am planning to sell and use the proceeds to buy a 2nd home( through 1031 exchange). I know 2nd home use for personal use doesnt qualify for 1031 exchange. However my question is what if ...
Sean Kindelin
Owner finance to Private lender
Hello,
I am looking to refinance a commercial property that is currently owner financed. The owner's payoff is around 180k, and wants to minimize capital gains tax. He is interested in reinvesting the money. My quest...
David S.
AC unit stolen. At what point does a mini split make more sense?
Hey all, We closed on a property in Wichita on which we offered a two week lease back to sweeten the deal for the seller. They moved out a few days early and in that window of time somebody stole the AC unit, includin...