Hello everyone! We just went under contract for a property for $425k. I'm trying to decide if I should just use my cash for a downpayment or 1031 one of my properties for the downpayment. The one I'm thinking about 10...
Hi BP Community, Has anyone had any luck getting a loan on a 1-4 unit property purchased as an upleg to a 1031 improvement exchange. The difficulty seems to be that the QI requires the loan to be non-recourse to them ...
I'm new to real estate investing and I'm exploring the idea of using money that I have tied in a 401k retirement fund in exchange for an investment property. Is this possible? if so where do I start. This 401k plan ...
Just finished rehab on my first property. Wanted to sell but reuse profit from this house into another property using 1031 exchange. Do I need to tale to a professional that handles 1031 exchange before listing proper...
1. Let's say I sell a house for and clear 100k. Can I 1031 Exchange into 4 houses with 20% down? (I just mean the legal side of things. Not asking about the financing side of things). 2. Can I take the entire 100k and...
Piggybacking this great post:https://www.biggerpockets.com/blogs/5070/37244-103...Question #2: Can my spouse and I sell a property that we own personally and buy a replacement property in a LLC that is owned by both o...
1031 exchange help needed.. So everything I read about 1031 exchange is the same general information. My question is in particular to multi family real estate. If i were to purchase a 50 unit trailer park, does the ru...
Hello,My wife and I jointly own a rental property that we report on our Schedule E. We want to sell the property, and use the funds to buy another property with multiple other investors. From what I am reading, this m...
I am planning to sell my rental house and 1031 exchange for several new properties. I was thinking that one or two of those might be vacation rentals. My question is, can I make improvements with the proceeds of the o...
Hello BP Members,I live in Broomfield, CO (15 min north of Denver) and I have owned a duplex in Englewood, CO for 15 years and recently sold it in order to pursue a 1031 Exchange into a mobile home park out of state. ...