I'm not looking for legal advice and will consult a lawyer before I take any action, of course, but I have a question about 1031 exchanges someone might be able to shed some light on. I own a coin operated laundromat....
Looking to do my first 1031 exchange. I called one company and they charge $850 for exchange and purchase of one property. Is this a good price? I have no idea what the expected range is. Thanks,Alan
I'll be honest, I'm somewhat of a beginner / novice with real estate investing. My wife and I own 3 rental properties that we purchased between 2010 and 2014 and we'd like to make a move towards releasing some of the ...
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:
Hi!! I have a property that I co-own with a business partner. I have been rehabbing the property and a going to be selling it soon. I am looking at investing in a local bar and I was wondering if I could 1031 exchan...
The time is finally here. I am ready to sell my primary residence, a duplex and purchase 5 or more units. I am considering doing a 1031 Exchange but I was wondering if all of my equity has to be used towards the new p...
I received an offer on a house with 1031 exchange. I do not have no experience with it.
Brought the house for 108k and invested 7k rehab.
Have it for sale for 195k.
This home appraises around 180...
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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?