I’m selling a single family home to my tenants and want to use he profit to buy my first duplex. How can I use a 1031 exchange to avoid paying taxes. Is this something I have to hire an attorney for? Also, does all th...

Hello BP,
Question regarding exchanges in following example.
Selling Price: $1,200,000
Purchase Price: $200,000 (Fully Depreciated)
Exchange Properties:
2 different properties purchased for $400,000. What is the ...

If I buy a property for $140,000 and 2 years later it sold in a 1031 exchange for $60,000 but I have a loan on it for $130,000 can I buy a property for $260,000 or $120,000? Or am I completely off?

I currently flip around 12 houses a year in an s corp. I seller finance and defer a few every year as capital gains, but since I am classified as a real estate investor the rest are taxed as ordinary income. My taxabl...

Hello!    I'm 19 years old and am greatly motivated by Mr. Brandon Turner's books. I plan on starting my own real estate business in a few years.    As a newbie, I have a question regarding 'Capital Gains Tax'.     Su...

I've been researching the tax liabilities associated with the "final exit" after a series of 1031 exchanges.  I have had some folks caution me that they "can't afford" to exit after 30 year of real estate investing bu...

Do you need to use commercial loan and/or purchase under an entity if you are using an investors self directed IRA for the 20% down payment? or if one person was cash and the other was SDIRA (no bank at all)? Also, wh...

Good morning BP,
I am curious about 1031 Exchange and have a couple of questions. 
How did you start using 1031? What are the benefits? Are there rules associated with 1031 or any specific guidelines that need to be...

Is there a way to legally factor in valid selling expenses like painting, carpeting, new appliance, etc which were paid prior to escrow to reduce the net amount of property you need to replace as part of a 1031 exch...

I made my first real estate investment roughly 5 years ago, purchasing a 2-Family as my primary residence...living in 1st Floor Unit with my wife and we renting out the 2nd Floor Unit to tenants.
We're about to sell ...