David McFarland
Tax liability upon final exit
I've been researching the tax liabilities associated with the "final exit" after a series of 1031 exchanges. I have had some folks caution me that they "can't afford" to exit after 30 year of real estate investing bu...
Patrick Hartnett
Tax Implications of Sale of Multi-Family (Primary Residence?)
I made my first real estate investment roughly 5 years ago, purchasing a 2-Family as my primary residence...living in 1st Floor Unit with my wife and we renting out the 2nd Floor Unit to tenants.
We're about to sell ...
Katlynn Teague
1031 Exchange Questions
Good morning BP,
I am curious about 1031 Exchange and have a couple of questions.
How did you start using 1031? What are the benefits? Are there rules associated with 1031 or any specific guidelines that need to be...
Maria A A.
Calculating Net Proceeds needed to buy replacement property
Is there a way to legally factor in valid selling expenses like painting, carpeting, new appliance, etc which were paid prior to escrow to reduce the net amount of property you need to replace as part of a 1031 exch...
Greg Swartzberg
SEP IRA Contribution?
Tax deferral help needed: I am a full-time W-2 employee and max out my pre-tax contributions to my 401(k). I have a side-hustle real estate LLC that includes passive income from fifteen rental units as well as activ...
Mike Bicho
Self directed and 1031 exchanged
Can you use 1031 exchange strategy with a self directed 401k?
Thanks,
Mike
Stanley She
Why the deferred gain is so much less than the recognized gain
I bought a rental property 7 years ago for $198000. Last year, I sold it for $400000. For the sake of simple discussion, let me ignore all purchasing and selling costs. So, my gain is 202000. Within one month of the s...
Megan Elliott
1031 Exchange on a New Construction
Hello! I was wondering how the timeline would work if you used a 1031 exchange to purchase a new construction. I am assuming the house would need to be complete and closed on within the 180 days, but I figured I woul...
Jonathan M Bojan
STR x BRRRRx CostSeg...Will This Work?!?
Hey BPers,
I am designing a strategy for tax-deferred savings that builds current cashflow and could essentially function as an alternative retirement or FIRE strategy.
So...here's the strat in a nutshell:
1. Form ...
Ryan Cameron
All the right ingredients
Hi all,If you have all these ingredients:-Excellent Credit-Solid/Stable income-Cash for investing-3-yrs exp. Managing my own propertiesWhat would be the best way to leverage them? This is a questions for Pros and begi...