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Investment Info:
Single-family residence buy & hold investment in Madelia.
Purchase price: $6,000
Cash invested: $6,000
I bought this house to attempt an Airbnb in our small town. I'm going to th...
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Still new to 1031s so excuse what might be a easy question to answer. I'm struggling understanding how to determine what you can buy with a 1031. I know the purchase price has to equal the sell price or greater but I'...
Hey All 👋 I'm Jennifer!I live in central New Jersey just off of the Jersey Shore. I am recently married with no kids. My area of expertise is veterinary medicine/research--I am lucky enough to work a very flexible rem...
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Greetings. I own a property that I am planning to sell, it will have long term cap gain. I don't certainly want to invest all 100 % of the proceeds into another property. Say only 50% of the proceeds goes into another...
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Situation;I have a rental property bought in March of 2012 for the amount of $220K.(Initially used as Primary Residence until Oct of 2017)Before moving out, In January of 2017, I did a cash-out refinance, and the new ...
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After doing several flips in the last few years, I am tired of my profit being taxed as short-term profit. I usually purchase properties in the $200K to $250K range for cash. My rehabs have averaged anywhere from $1...
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Hello all, I currently have two rental properties (sfh) located in Houston. I hope to do a 1031 exchange and possible purchase a 4 plex with the intent of my living in one of the units. Is this allowed in the state of...
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Can I sell a spec home and turn around and use the profits to buy a vacant piece of land that one day I will build a home on for Primary residence under the 1031 exchange rules?
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Hello All,We’re going to sell our triple decker in Rhode Island this year and would like to do a 1031 exchange. Can someone explain how the process work step by step. Thank you very much
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Hi BP,After digging through some of the forum posts and looking at Brandons blog post on 1031's, I've got a few remaining questions I'm hoping the community can clear up.I currently have a SFH and Triplex in Orlando, ...