Jim D.
1031 Exchange to Another State - NY Taxation?
I'm considering a 1031 exchange out of New York to a property closer to my location. Does anyone know if states, especially NY, "honor" the tax deferment of a 1031 exchange? Or will New York immediately, or sometime...
Shawn Wentz
Investment property in NJ
I bought an investment property in NJ for 120k. The house will sell for 175k without putting a single dime into it. I don't have a mortgage on the home. What is the best way to avoid heavy taxation? Thanks in advance.
Tanner Queen
1031 Exchange, DST, Fund Questions
I am selling a building, doing a sale-leaseback to keep my operating business in the location under a new lease. I have yet to identify an upleg for a potential 1031 exchange, but what I would really like to do is pul...
Helen Lee
period to avoid capital gain tax
We bought our new house before selling the old building. We used to live in that building for more than 10 years. How many years do we have to sell the old building to avoid capital gain? I remember we should have thr...
David F.
1031 Question/Capital Gains
I own a property I bought for $250K that's now worth $500K. I have an offer for a combination of $200K cash and $300K in 1031 exchange property. Question- How will this affect my capital gains? Since the $200K is no...
Clark Harbaugh
How to minimize taxes when dissolving partnership
We are starting the process of dissolving our investment business (LLC) that has two partners. We know we have to sell 1 property, but the rest will probably be distributed equally. My question is when we sell the pr...
Michael Encoy
Eager to start multiple BRRR process. Should I sell or rent
Hello BP Community,
I am eager to get a new deal and one issue that I am currently looking at is my rental in LA County.
Renters are moving out in Nov and and weighing my options to sell or continue to rent it out...
Sara Peak
1031 exchange into property owned
Tax people! Here's something I would love assistance with. I'm trying to get creative here and wonder if there is any possibility to what I am trying to consider. Currently, I own 2 rentals. One SFH, one six plex. The...
Nathan M kiefer
400k bonus - tax mitigation
If you were to receive a 400k bonus from a w-2 employer what is the best way to legally avoid as much tax as possible?
Julio Gonzalez
Opportunity Zone FAQs
Opportunity zones can offer great tax incentives that encourage real estate investors to invest in underutilized and low-income communities. They have become even more popular recently so here are some of the most com...