Hey there,
I was wondering at what point a 1031 makes sense? I have a property which is the first I've held over a year. Someone told me to consider a 1031, but is it worth it if the profits are only 40K?
I am currently seeking information on tax consequences of selling m primary residence. I know the $250/$500k rule after two years but I am trying to find out if you reinvest the gain that exceeds that into your next p...
I put $10,000 a year in company 401K but plan to make more money in retirement than I do now. Seems to me I'll likely pay more money in taxes later than right now. I don't qualify for a Roth IRA at this time. I'm w...
I sold my primary residence/investment triplex last August 2022 and purchased a property through a 1031 exchange. I used $250k (personal exemption for the primary residence portion of the sale) and then $250k (in the...
Hi everyone. Just curious if we have similar tax deferral policies as 1031 in the u.s?Thanks
Am curious if a 1031 exchange is an option for flipping. I had another investor tell me no. I know you have I think 60 or 90 days to find another deal to roll the money into. But also not sure if you are able to keep ...
Hi tax professionals, can anyone please advise if we can invest the capital gains from stocks in RE to defer paying taxes something like a 1031 exchange? Is this possible? and how to go about it. Thanks.
Does anyone know a CA lender that will lend on a 2-4 unit property that will be owner occupied and that will use 1031 exchange funds as part of the down payment.
Thanks in advance!
Eugene
I have an idea but I'm not sure it'll work legally or if I'm missing some information.I work for the government and currently contribute 5% (tax deferred) into my Thrift Savings Plan (TSP) since my agency matches up t...
I've never sold investment real estate before so I'm unfamiliar. I have a $2M building I bought for $935k, 3.5% down. It has ~$580k left on the 3.25% mortgage. Someone wants to buy my unused development rights for ...