Does anyone know if it's ok to do a 1031 exchange and use the money to jointly buy property with somebody else or does the owner have to be the same person and no one else?
I have 3 rentals(2townhome+1 condo) and a primary residence and i self manage my rentals all in San Diego. For me my accumulation mode of RE is done. I just want to hold on to this rentals and rent it out and hold it ...
Seattle landlords accused of conspiring to raise apartment rents
https://www.seattletimes.com/b...
Nov. 16, 2022 at 4:00 pm Updated Nov. 16, 2022 at 10:17 pm
The Capitol Hill neighborhood, seen from atop the Spac...
House on market for 55,000
3bed/2bath
No real repairs, just cleaning/paint.
Good roof, updated wiring,plumbing,siding
Fenced 0.56 acre lot
Sold comps 50,000 to 68,000
I can get this property for 16,812. (Clear tit...
A friend inherited his grandmother's property through his mother's estate. He'd like to sell in the Spring and is asking about a 1031.I think since it is inherited, the cost basis is reset to today's value, and he can...
I heard some rumblings out of NAR (National Association of Realtors) that the industry was looking to do away with 1031 exchanges. I didn't know if that was in Michigan or nationally but has anyone else heard of that ...
I used a turnkey provider to buy 'build to rent' multi-family house. We signed a purchase agreement with builder in Feb 2021. This summer, builder came back and said they need to increase the price by 10% due to incre...
Hi everyone,I just had a tenant notify me last week that they found a cheaper unit in the same sub and requested an incentive for her to stay at our place. We charge $3200 for a 2bdr 1232 sqft unit in Newport Beach, w...
I, like many people, have tenants who have been impacted by the pandemic. For one couple that rents from me, the wife was just laid off and the husband thinks he is likely to suffer the same rather soon. They contacte...
Hi,I purchased a home last year through my S-D IRA. I made a lot of improvements to the home. Are those improvements tax deductible?