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Greetings to all. What an interesting forum! My name is Geoff Flahardy. I have worked with 1031 exchange investments for over 13 years specializing in fractional ownerships (DSTs, TICs). I am not an investment advisor...
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Writing for some clarification on how the 1031 actually works — plan to use it for the first time in the coming weeks. Let’s say I’m selling a property for $200k, with roughly half as proceeds and the other half going...
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I’m in the equity zone on my 4 plex to do a 1031 exchange and use that equity to buy a smaller apartment building. I have a basic understanding of how the process works. My question is do I need to use all of the equi...
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I’m looking to find a like-kind multifamily property in the $300-$375k range. What are the best markets for cash flow??? I’m currently looking in Cleveland, columbus, STL, and detroit. Also need a reputable mediator!
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Hi! I'm getting ready to do a 1031 exchange. IRS says the same party must sell the old property and purchase the new one. But, it doesn't say if we can add someone to the new property. For example, we have someone who...
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Can you 1031 exchange a property owned by an LLC? Can you 1031 exchange 2 properties for 1 property. For example if I had 2 rentals and wanted to 1031 exchange them into a 10 unit property is that allowed? How long do...
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I'm thinking of doing a 1031 but the local market is seller's so things might not be easy buying something new that makes financial sense. I have no intention to invest out-of-area and willing to pay cap gain tax if t...
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Hello! I own a virtual assisting company and I would really love to niche my business into real estate. I’m looking for a few people in real estate (doesn’t matter if you’re a realtor, loan officer, flipper/rehabber) ...
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I'm curious... Would you be able to do a 1031 exchange where you are using the proceeds of a sale of a rental property to invest in a syndication deal?
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In the process of selling investment property in CT. Need advice and a contact for 1031 exchange, qualified intermediary, partial 1031 exchange etc. Looking to reinvest in SC or FL. Thought that paying capital gains ...