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Hi. I'm new to the investing world and any advice from investors is appreciated.
I have an opportunity to 1031 exchange into a new multifamily unit, construction to begin summer 2020. There will be no cash flow for...
Someone please help me with 1031 exchange situation I am facing.
Original cost / FMV of the property being relinquished is 3M / 3.7M. So there is realized gain of 0.7M. FMV of the replacement property is 3.2M...
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I’m sure this has been covered before. But I have 1m in equity I wish to roll into the next purchase. (1) What’s the best way to proceed into a 1031? I don’t have my place on the market yet because I feel I need to kn...
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Hi everyone. I recently had a recommendation to use 1031exchange.com, but I don't have any personal experience with them. (I disliked the company I used last time - but won't name that company here.) I'm in AZ, althou...
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Hi everyone, long time lurker, first time poster. Had a question regarding a partial 1031 exchange and how 1250 depreciation recapture is calculated, facts are below.12/1985 - 2 flat property purchased for $60k, resid...
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Hello everyone-
not sure if this has been covered but I would like to know how long would one have to stay in said property to escape Capitol Gains and within what amount of profits?
Also if someone pays taxs throug...
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Hi, Own multiple California properties in two different beach resort areas. In 1999 built a home on one of the properties. It was not a vacation home, but was held for investment and depreciated it on day one. I also ...
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Can someone tell me a bit about the 1031 process. What I mean is, I have a property I am selling and I'd like to 1031 it. Do I have to place all funds I recieve when I sell into the new property? Or, can I only pla...
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Hi, have a condo with enough equity to buy a single house or duplex as next investment. How do I go about? Do I contact the 1031 company?, real estate agent, or rehab first?I’m concern that I won’t have enough time t...
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PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...