Hello, I’m a little situation here and I’d greatly appreciate some advice. I bought and lived in a property for 6 months while renovating it. It was purchased for 200,000 and I believe I can sell for 290,000 or so. If...
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 am a current investor in short-term rentals (STR's) in Arizona, with (4) properties that have performed very well. For personal and "other" reasons, we no longer want to manage STR's, and long term rental returns a...