Good Morning,
Can I 1031 into a multifamily that I intend to live in and avoid paying 20-25% down?
thanks in advance!
Alex
Newbie question and completely hypothetical, just trying to wrap my head around how all this works.Say I have a property "A" I bought for $1,000,000 and it appreciated to $2,000,000 after 5 years. Assume used as an in...
Hello Everyone! This is my very first post on BiggerPockets and I have to say BP is AMAZING. From the website layout and ease-of-use, to the many different avenues that constantly provide great information like the B...
Hello BP folks. My wife and I bought our first home in 2005 for 131k. In 2014 we moved out of it and it’s been a rental since. If we sell it today for 275k, would we be hit for capital gains and income tax for the dif...
Hi all,
I am new to REI so be easy on me pls. :) this is my first post.
I sold my bay area condo in 2013 not knowing the appreciation would balloon over the last 5 years. I was debating on renting it out at the tim...
Afternoon BP,
I was just wondering when I sell a stock if I immediately reinvest it would that spare me of paying any capital gains?
Thanks, Andrew
Hi
My question is: it possible to 1031 exchange my home that has a downstairs rental & my home upstairs and defer the taxes? And, also can I claim the $250k exclusion since I live there as well? Would like to s...
Hey guys new to this platform but I have a question if anyone can help. I am currently building a property and realized that that taxes from the sale are going to be substantial so I considered doing a 1031 then getti...
Hello BP Team,
I am struggling to work through a potential 1031 that I thought was a no brainier. I have been hearing this 1031 term for 20 years and thought it was such a great tool. I'm not sure that a 1031 exchan...
I am California resident with one rental property that has just over $300k in equity and is barely in the black each month (less than $200). Looking to retire in about 5 years. Were are SERIOUSLY considering moving to...