Part 1
My parents owned a rental in Annapolis, MD for the past 27 years. It was my mom's "first" house when she moved to the area. They flipped it once, 13 years ago.
Recently it became a headache. The ...
Hi I am newbie and wanted to find out if you sell a residential property that is titled under an LLC can you use the 1031 exchange for capitol gains exemptions?Kind Regards,Stephanie
Can I sell a spec home and turn around and use the profits to buy a vacant piece of land that one day I will build a home on for Primary residence under the 1031 exchange rules?
Does anyone have experience with using a 1031 exchange to sell a property and then purchase a "like" property with the profit. Is an attorney required to facilitate this trans action?
Got a property in VA that I'm considering selling via 1031. Intent is to buy something equal to or greater in NC, question, what short term liability do I owe to VA once transaction is complete? Only liability ( ...
so I've been stepping up my game. After many many years of duplexes. Finally took the leap from larger families and stay. Couple weeks ago was closed on 48 unit in Columbus Ohio. and just before that a 44. In the Car...
I'm about to buy a property that is a short sale. My question is that I'm still debating whether or not to buy and hold or to flip the home. I already have the math figured out on both ideas, but my question is...
Hi,I am about to list for sale two quads in Cincinnati, Ohio for 250,000$. Can anyone give me an estimation of costs of the 1031 exchange, and who can do it?Thanks, Mordecai
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
does anyone know if you can use a 1031 exchange with property that was inherited from an estate. What can we do, to lessen th amount of stepped up taxes on the sale of the property that was in the estate.