I have only done one 1031 exchange. We have 7 SFH in Ky leased to tenants and want to move our investments to Fl. The homes are free and clear. I just stumbled onto this site and want to start learning how to do the o...
hi everyone, this is my second post on bigger pockets as a newbie to the land flipping game. Couple questions for all the pros out there. 1) do people typically buy/sell in a manor in which to minimize the amount paid...
I have a neighbor down the street ask me how he could sell his 4 investment properties and not have to pay any capital gains tax. I thought do a 1031 like kind exchange but he is 75 years old and wants to liquidate hi...
Hello everyone,Looking to learn a little bit more about 1031 exchanges and and 1034..First off, can both of these tax exemption strategies be utilized in tandem? Secondly, does the QI pay your taxes on the house? or d...
Hi All - When selling a property with the intention of immediately buying another building via a 1031 exchange, can anyone recommend strategies for removing or at least lessening the risk of running out of time to mee...
Posting for my elderly parents.
Background: my parents bought their house in 2001 for $355K. In 2016 they moved to a one story home due to aging and ended up renting their initial home. Every year the rental has be...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
We own two rental properties, both are SFH, one of them I have a 300k loan at 2.65% and rented at $4100/m, my cost all in is $3200/m. In the past year I've had two families moving out early, and about a call once a mo...
With this hot market it’s tempting to sell. I have a house/duplex in an incredible market that is a great rental that I never thought of selling. But seeing what a house sold for next door is causing me to reconsider....
Hi! I'm new here at BP. My husband and I are selling our condo in CA as we are needing more cash flow (barely breaking even) and want more security if we end up on one income. We are planning to do a 1031, but I'm ha...