Hi BP,Is it possible to up exchange your primary 4 plex into a commercial property? Has anyone does this before?
Hi All,I have two separate lots which I plan on selling in a bundle for around 100k. My question is can i use a 1031 to buy a single lot which will be around the same price as the two outgoing lots?
I bought a rental townhouse in 2015 for $180,000(paid cash) and just sold it yesterday for $227,500. I am interested in doing a 1030 exchange to avoid property gains tax and had a few questions. I understand I need to...
I have noticed a lot of ads being pitched about getting out of hassles of being a landlord and becoming a more “passive“ investor through the use of 1031 exchange and DST‘s. They are claiming they can get from 9 to 14...
My question is, I am about to go under contract with my first Fix And Flip. I have set up an LLC and I am lending my LLC about $40,000. This will be used for the company to have as a down payment. When I sell the home...
Is the 1031 tax exchange code the same for commercial properties as well as residential?
Happy Friday everybody,Just reaching out as spring/summer approaches I'd like to sell my current three-family property, I should profit between 300k-350k low end/high end. Just going to say how I believe the process w...
I'm planning to sell a single family rental (5 yrs now) in CA and do 1031 exchange.- At what point do I need to make the election to do 1031 exchange? How much time prior to sell?- As I understand, part of the sale pr...
I have a rental i'm looking to do a 1031 exchange with for a new property yet tbd with eventual conversion to primary residence. I've read some on both a regular and reverse exchange and am looking for advice on what...
Good evening! Finally jumping into investing with a pcs to Lackland.There’s a triplex I’m interested in and planning to use the VA loan.However the seller stated that they’re interested in doing a 1031 for that proper...