I have my first two POH under contract to become TOH and need to get a Park Rules document put together. Can anyone share what they are using to operate their parks? Not sure if there are statutory requirements or s...
Is there any minimum length to do a 1031 exchange on a property? Let's say you but a owner-occupied rental property but then decide that you want to move to another state to do another house hack in 3 months. Could yo...
Hi BP,
Quick question, I completed a 1031 exchange on 9/2023 (about 4 months ago). I purchased a 6 Unit Multifamily as the replacement property and put about $150K in renovations into it. However, after thinking abou...
Texas Statute of Limitations (SOL) Related to Title of Real Property
While not exhaustive, below is a list of liens and judgments along with the Texas Statute of Limitations that may be filed or found in the real pro...
Thank you for visiting this forum. If you are hear you have heard about the Delaware Statutory Trust (DST) and are looking for more information on what they are, what they are good for, how do they work in protecting...
Hey everyone! Not sure if this was already mentioned or posted here, but I received an email from TREC this morning clarifying rules for wholesaling in Texas:"Sale of Equitable Interests in Real Estate Clarified Gove...
Team, looking at doing another 1031 on 2 properties just purchased, renovated and leased-out. The IRS says I need to have 'intent to hold' property. What exactly does that mean? Is it more intent focused to lease and...
I'm looking to start an foreign series LLC in either Nevada or Delaware. Can anyone recommend are these 2 states a good spot to incorporate & a good reputable online company to start this? Thx.
I own a highly appreciated SFR in AZ and am planning on selling once my current tenant's lease expires early next year. My thoughts are to 1031 the gains into a vacation rental (or possibly a full time rental). If I o...
Hi guys,
In order to qualify for a 1031 exchange,
1) how long is the property needs to be rented?
2) does the rental income need to be reported on taxes for a certain period of time ? (O sense it probably will b...