Hello BP Community—hoping to get some help here on a 1031 exchange.
I am currently considering selling one of my investment properties that I had purchased prior to my wife and I being married. I am the only one on ...
Hi investors,
I am selling a property that is under my personal name and buy property which is hold by my LLC in New York who's memeber is another LLC that I own 100% it's share.
Is that allowed.
Anyone has a ver...
I work full-time and have a side gig as a Realtor. I will probably only turn over about 6-10 transactions a year, equating to $14,000 to $24,000 gross additional income. I've read through the Self-Employment tax docum...
As a residential developer who spent twenty years as a CPA Partner in a large local accounting firm, I rarely post much on the various real estate websites. But, in light of the acts that the GO-Zone tax benefits will...
My wife and I are looking to purchase property (vacant land). We are looking at purchasing 80% of the property by doing a 1031 Exchange by selling another parcel of vacant land. We have a buyer for the property we a...
Hello 1031 experts, my father has a DST investment previously purchased via a 1031 exchange. He would like to move this investment into an irrevocable trust for estate planning purposes. Would this trigger capital gai...
I'm looking to do a 1031 from a SFR owned in my personal name to a commercial MF property which will be owned by an LLC w/ a partner (50/50 ownership). FYI- the partner is not my spouse. I've read about some of the di...
I have a short term rental that I did a cost segregation on and am taking accelerated bonus depreciation. I live in OR but my rental is in AZ. My issue is AZ is a non-conforming (does not recognize the bonus). If I...
Hi BP,
I need help to make sure I don’t make a costly mistake and my sure that my first deal goes smoothly. Here’s the scenario: when I was single I purchased purchased a house and in CA. I have since gotten marrie...
We have sold our CA rental property & have identified a 6 unit in TX. The 6 unit needs to be put into an LLC. My question is a 1031 ok to do as married couple into an TX LLC. We have been hearing a single entity L...