Byron Bohlsen
1031 identification 3 property or 200% rule for office building
Hello!
I am currently working towards buying ownership into an office building structured with an association of individual owners for the individual units. I would be buying 4+ of the units. Each unit has its own ta...
Elijah VanDenBerg
Oh, the pressure of a 1031!
Situation: Selling off an investment property (currently under contract) and will be attempting my first 1031 exchange. Challenge: Identifying 3 properties (min: $410k max: $700k) to choose as potential replacementsLo...
Jason Vo
1031 exchange ?
Can I sell 2 rental SFR then buy just 1 appartment unit which is greater value than 2 SFR ? Is this apply to 1031 exchange for both SFR or only 1 to 1 ? Please advice :idea:
Chris Martin
1031 exchange - percentage ownernship identification?
I will try to keep this short and to the point. We sold a property and hired a QI to handle the 1031 exchange. Our Replacement Identification did not include a percentage ownership (it was/is assumed at 100%) and by t...
Paul Duncan
1031 identification period, second chance?
When doing a 1031 exchange, I know you have a certain number of days to identify a property (I think maybe 45 or 60). But what happens if you identify one but during due diligence you discover things that cause you n...
Marty G.
1031 Like Kind Advice/Help
I have owned a property for about 4 years. It is not my primary residence and have used it as a vacation property. It's located in FL and the market price for the house is estimated to be $150-175k over what I paid ...
Matt Heath
1031 Exchange Information
Hello Everyone, I am looking for some general information on 1031 Exchanges. I have read the guidelines on the IRS website, but wanted to confirm some information. Lets say for example I own a property worth 250K, but...
Bryan Cork
1031 basics, where to start?
I want to start learning the ins and outs of 1031’s and I expected to find a sticky thread with and article posted but didn’t see one, so where would you all suggest that I start?
Account Closed
1031 exchange questions
Hello all,I have a couple of questions about completing a 1031 exchange. 1. The property being sold is under contract and scheduled to close in a couple of weeks. Can I begin making offers on new properties to buy or ...
Jim Witten
Some 1031 Specifics?
Hate to ask same old questions others ask. However, I've read multiple articles on 1031 basics through Googling, but have failed to find answer to some specifics. I'm in CA by the way. I don't expect answers to all, b...