Is anyone utilizing this for the 2018 tax year? I cashed out my 401k and my husband cashed out 50% of his annuity in April of 2018. We bought a mixed portfolio 8 units (bought 4 properties on same note) in May. Is thi...
Purchase price $600k
Rehab: $100k
Sale price $800k
Gain: $100K
Is it possible to take the $100k Gain & buy a $100K property cash w/ 1031 exchange?
In order to do a 1031 exchange do you have to reinvest the total amount that you sold your property for?
Hello all,
Reading through the forums and am learning a lot. Seeing if anybody has any out of the box advice
Bought my first house 12 years ago for $398k, fixed it up and sold it last year for 1.225 mil. It was my...
Hey BP,I have a large stock position that I sold and was told it is not able to be a 1031. I have a MF deal under contract and would like to add it in as a down payment. Are there any ways I can do a tax deferral roll...
Can I build a spec home and use a 1031 exchange on the profit from the sale of the spec home to pay off the mortgage of an investment property I already own?
Opinions on investing in opportunity zones.
Opportunity Zones are a new community development program established by Congress in the Tax Cuts and Jobs Act of 2017 to encourage long-term investments in low-income urban and rural communities nationwide.The progra...
Hi All-I have a condo that was my primary residence for a number of years, but I started renting it out last May (and I live elsewhere). Is it now eligible for a 1031 exchange? Does it need to rented for a certain per...
I'm looking to sell a home worth 385K (that I bought for 306K) and net about 100K on the sale. I started investing in cheaper markets where homes are 100K and under. If I do a 1031 Exchange, could I use the 100K to bu...