I have a house that will go on the market in January. I bought it in 2017, and move out January 2021. It has been a rental property since then. I m supposed to pay taxes. It should leave me with about $250K, I have t...
I own a property with a partner 50/50 in an LLC. We are selling out of that home and would like to take our proceeds and buy 2 places separately. Has anyone ever heard of a drop and swap where 2 LLC's are created fr...
I could not live or rent my apartment for 5 years due to mold issue caused by the building. Building finally resolved and remediated it this year and now i am selling the property. Can it still qualify for 1031 becaus...
Starting my 1st 1031 exchange and contacted a local company that had posted on BP several times. Met with a representative and before I wire this company a large portion of my net worth I would like to see if anyone ...
I have a property that I would like to do a 1031 exchange. The property is valued at $440k. I owe $140k. Let’s say that the sale generates $300k profit for simplicity. (Not included closing costs etc) 1. I need to pu...
Hi I’m selling my business and house in ma and moving to Lexington sc in 2025. When I sell my business I will have 300k to invest puss 300-400k left over after I buy my residential house. I plan on building up a real ...
Hello there ! I’m looking to do a 1031 Ex w 300k down and 650 purchase price can anyone suggest areas that might cash flow w these numbers ??? Thank you ! I own single family homes but would love to venture into a mul...
I have a two questions with regards to a 1031 exchangeThe first one is if I were to sell a property for 500,000 its paid off can I buy 3 new properties that cost 200 thousand each or does it need to be one property gr...
I wanted open this questions to @Brandon Hall or other BP investors who have experience with 1031 exchange.Suppose that i have a property in Chicago that i purchased for $400,000. Over the years, I have taken a deprec...
I did a 1031 last year - can I sell one of the 1031 properties to do another 1031?