I’m in the equity zone on my 4 plex to do a 1031 exchange and use that equity to buy a smaller apartment building. I have a basic understanding of how the process works. My question is do I need to use all of the equi...
I’m looking to find a like-kind multifamily property in the $300-$375k range. What are the best markets for cash flow??? I’m currently looking in Cleveland, columbus, STL, and detroit. Also need a reputable mediator!
Hi! I'm getting ready to do a 1031 exchange. IRS says the same party must sell the old property and purchase the new one. But, it doesn't say if we can add someone to the new property. For example, we have someone who...
Can you 1031 exchange a property owned by an LLC? Can you 1031 exchange 2 properties for 1 property. For example if I had 2 rentals and wanted to 1031 exchange them into a 10 unit property is that allowed? How long do...
I'm thinking of doing a 1031 but the local market is seller's so things might not be easy buying something new that makes financial sense. I have no intention to invest out-of-area and willing to pay cap gain tax if t...
I'm curious... Would you be able to do a 1031 exchange where you are using the proceeds of a sale of a rental property to invest in a syndication deal?
In the process of selling investment property in CT. Need advice and a contact for 1031 exchange, qualified intermediary, partial 1031 exchange etc. Looking to reinvest in SC or FL. Thought that paying capital gains ...
I am part of an LLC that wants to sell a property using the 1031 exchange..One of the 6 partners does not want to exchange and wants to take hismoney out and pay the necessary taxes.....Is it possible to pay this part...
I am looking for advice and ideas from those with experience with 1031 exchanges. I have a family member in the process of selling their business and was recently advised to consider a 1031 exchange for the portion of...
Are there any QIs on BP that have dealt with automotive 1031 exchanges? I know these are pretty rare and I have been searching for a company that handles them.Thanks,Ed