I am close to closing on my first flip. I have paid mostly cash along the way (year and a half) So I am needing to keep some cash out of the 1031 exchange. My question is if I bought the house for 10k and put 30k into...

Can I use a 1031 Exchange to buy another house, then "put it in service as a rental" for a short period of time of 6 to 12 months. After renting it for 6-12 months, then evict the tenants and move in as my new princip...

Hello All,I am not currently in the real estate market (have 1 semester of college remaining) but am trying to do as much research as I can now so that I can hit the ground running once I graduate.I read "Wealth Prese...

Hello, I'm mostly writing to confirm my suspicions as the regulations are a little unclear/I'd appreciate a second set of eyes to make sure I'm not completely off-base. I'm looking at the proper treatment of the de mi...

I am located here in Kansas City and curious what you Pros think regards to holding vs flipping properties? What are the advantages and disadvantages?

I recently closed on a 14 unit MF property in Central NC. I was able to get it at a fairly low basis and it appraised well above the contract price.I have spoken to brokers that have told me if they being me an offer ...

If I buy and sell houses(flip) as a full time job, do I pay capital gains taxes? I read somewhere if it can be proven as a full time commitment and its the only source of income I make, the capital gains taxes are inc...

Can I convert a 1031 property back into a property I can live immediately after I complete the 1031 transaction?

Can a property that is being worked on for about a year qualify as an investment property for a 1031 exchange ? The property was not in good enough shape to rent and I was working on the property after my dad moved ou...

Hey guys, so this is the situation.I was gifted a paid off single-family home recently. the property needs a bit of work here and there but overall it is in great condition!I plan on fixing it up a bit and selling so ...