Gregg Tucker
Converting private residence to rental and using 1031 exchange
I’m new to Bigger Pockets and have a question I haven’t seen addressed. I am a 15% owner of an LLC that is selling a manufactured home park. Can I do a 1031 exchange for my own private residence that I am converting t...
Ronin Crimmons
Equity Rich - Need Advice
First, thank you for any advice or recommendations. We would like to buy a bigger house and move up.I am equity rich on my primary residence. Own free and clear with value estimate of 2.3 mil. My cost basis is 1.1 ...
Samir Patel
Looking for 1031 Exchange Intermediaries
Hi BP!I am looking for qualified intermediaries to perform a 1031 Exchange for a property that I own in Oklahoma City. Are there any intermediaries that you have worked with in the past that you would recommend? How w...
Jack B.
Keep looking or buy this house?
Not my first house, but need a second opinion. The house in in Seatac, just south of Seattle proper. It IS on a busy street (Military Rd) but has a new roof, plumbing, furnace, water heater, kitchen/appliances, etc. S...
Denise M. Tschida
How to set myself up for retirement from my day job in 5 years at 65?
I am seeking suggestions on how to prepare for retirement effectively. My aim is to maximize my monthly income to supplement my retirement fund (CalSTRS) after 25 years in education, within the next five years. Additi...
Bruce Reeves
Installment sale and depreciation recapture - example given
Found the example below on a website. This is the way I understand my first year tax liability when selling via installment sale. But after way too much time searching online, I get conflicting advise. I modeled a pro...
Jeffrey Waldron
We’d like to buy a new home + keep our current as a rental, but..
Weighing the pros and cons of a scenario where we keep our current home as a rental, as we buy and move into a larger place. Our small house is in a great area of Eagle Rock where rent will cash flow positive. In the ...
Todd Powell
Can I do 1031 and also have a partner on a deal? Complicated
This maybe a complicated question. I have a house I have owned for over one year and have my eye on a off market triplex. The same seller I purchased a 4 plex from a couple years ago. It is a run down property again a...
James R. Copeland
1031 exchanging 150k down into Indianapolis. SFH's or Apartments?
So I'm strongly considering selling a rental property in Vancouver, WA where the equity is now over 150k and doing a 1031 exchange to buy property/properties in Indianapolis with no plan to occupy it. I already partne...
Lyndsey Whiteaker
Flipping my first home
Extremely new into flipping. I have finally secured a career ( insurance agency owner) that will allow me to have some free cash to throw into the market in St.louis. My goal is to flip a bunch of properties to get en...