Hello BP Community!I finally was able to sell a foreclosure property I bought 4 years ago via tax lien! I held the lien for over 3 years, foreclosed around 6 months ago and sold the property after having ownership on...
Hi BP,If you have an investment property that you did the BRRR strategy on but want to eventually do a 1031 Exchange, does the capital gains credit based off of the original purchase price or the new loan on the prope...
Hi BP Friends,I'm doing my first 1031 Exchange, and I need some simple help from those of you with experience.The house I'm selling was titled in my name. My wife and I recently setup a trust (based on my social sec...
I have sold one of my rentals with an intent to do a 1031 exchange. I was able to identify a property literally the last day of my identification period. Unfortunately, there were multiple offers and I did not get the...
I currently have a rental property that I am looking to do a 1031 exchange with. I found a property that has a house on it and believe the lot is big enough to split into two. I am curious about the legalities of bu...
Hi biggerpocketors,
Wondering if I can do a 1031 Exchange or SELL. My intent was to rent it but...
Here are the numbers:
SFR
Price: $72K Cash purchase
Date: Aug 11th 2017
Rehab: $40K
New Appraised Price: $227K
...
Hi BiggerPockets! I'm pretty new to the forums but I've been using BiggerPockets as a resource on and off for a few years. I'm getting more serious about real estate investing- I was a full time architecture graduate ...
I bought a townhome with a VA loan in August 2014 and our renters took over in June 2016. We are considering selling this summer, and I am wondering if we can leave the unit empty for two months so we can take credit ...
Does anyone have knowledge if a 1031 exchange is possible with two partners? If person A owns and property and person B owns a separate property can they both elect to do a 1031 exchange and pool the funds together to...
Can someone give me some guidance about what happens after the 1031 exchange is completed and you subsequently sell the house? In this case, I sold one home and exchanged it for 8. I am now thinking about selling on...