Unfortunately I've been away for a few months while taking care of some personal matters, so I haven't been able to keep up on discussions.
However, several months ago there were ample amount of folks here insisting...
Hello everyone,We have been searching the posts here on BP and still haven't really found a specific answer to our question. How do you calculate tax on a 1031 Boot? Here's our situation: We sold one property and...
I am close to closing on my first flip. I have paid mostly cash along the way (year and a half) So I am needing to keep some cash out of the 1031 exchange. My question is if I bought the house for 10k and put 30k into...
I am doing a partial exchange. The relinquished property is sold this year, but the boot will not be received until next year. Will my capital gains be taxable this year and due next April, or will my capital gains ...
Hi all, newbie here with a few questions regarding investing in STRs in Tulum. I’ve been evaluating a few different recommended markets for STRs (Florida panhandle, Smoky Mountains etc) and I’ve found that from a numb...
I know this will ruffle a few feathers but it is a fair question. I have met and had hundreds of interactions with realtors and I am never surprised at the new lows that some of them can reach. I was also a manager at...
I've sadly come to the conclusion that our country is done, over, kaput! I finally came to this conclusion over the weekend as we were circulating petitions to put a Constitutional Amendment on the November ballot in...
"Bro, just got my first deal. Don't know what to do. LOL. Halp!"How many times a day are we seeing this post? Yes, everyone has to start somewhere, but the problem with the Bro Investor is that he is ruining good deal...
Hello All, I am trying to understand how 'boot' is taxed in a 1031 exchange. I am looking at a potential purchase from a relative and they might be interested in doing a 1031 into a new property, and I am wanting to e...
I have been watching the last 4 months in absolute awe. Unemployment is through the roof, businesses are going bankrupt, most people are staying home not spending money yet the stock market and Real Estate market are...