BP community, I could use your guidance. We are selling one of our 2 rentals to free up cash to reinvest. We thought about a refi but decided to price it high as the market seems to be peaking and to test the water. W...
Excited that this is my first post....I have 3 properties in the Providence, RI area. I am doing a 1031 exchange using my apartment in New York City. I plan to invest back in the Providence area. I have to replace $1....
Hello all,To take some cash out of my proceeds at closing would be very helpful in paying off some debts. This is a 1031 Exchange.Is it possible to take $10k and pay the tax due on that amount?
I recently asked about a 1031 for a vacation rental and while that may still be an option it's not looking like the best one for me. My single family rental is under contract and should close late next month with proc...
I have not been able to find a 1031 clause with sale of property as a condition of the purchase contract. Buyer wants to use a 1031 exchange to purchase but wants contract to terminate if original sale does not occur...
Has anyone used 'Sprout' for lines of credit?
I have properties that I'm selling to buy REIT mutual funds as I'm nearing retirement (don't want to deal with the hassles). Any advice on how to not get killed in taxes as I make this transaction? Less than $1 mill...
i'm selling 3 of my rental properties that i have been holding for 3 years.my question is , if i'm buying a bigger residential house first, and 4 months later this year, i sold these 3 rental properties, and use the p...
I'm looking to do a 1031 exchange on a sale coming up soon, and I'm looking for an intermediary and realized I'm not really sure what I should be looking for. Can someone help explain what kinds of things I should be ...
I am planning to sell a rental property in a good area. The tenant is moving out by the end of May. I was contacted by a friend of the tenant for purchasing the house. He wanted to offer $250k as is conditions. Th...