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I currently have a rental property that I am looking to do a 1031 exchange with. I found a property that has a house on it and believe the lot is big enough to split into two. I am curious about the legalities of bu...
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Hi biggerpocketors,
Wondering if I can do a 1031 Exchange or SELL. My intent was to rent it but...
Here are the numbers:
SFR
Price: $72K Cash purchase
Date: Aug 11th 2017
Rehab: $40K
New Appraised Price: $227K
...
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Hi BiggerPockets! I'm pretty new to the forums but I've been using BiggerPockets as a resource on and off for a few years. I'm getting more serious about real estate investing- I was a full time architecture graduate ...
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I bought a townhome with a VA loan in August 2014 and our renters took over in June 2016. We are considering selling this summer, and I am wondering if we can leave the unit empty for two months so we can take credit ...
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Does anyone have knowledge if a 1031 exchange is possible with two partners? If person A owns and property and person B owns a separate property can they both elect to do a 1031 exchange and pool the funds together to...
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Can someone give me some guidance about what happens after the 1031 exchange is completed and you subsequently sell the house? In this case, I sold one home and exchanged it for 8. I am now thinking about selling on...
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I have a rental property that I wish to sell and upgrade to a duplex. I have land in my possession and need to know if IRS like kind rules allow me to construct a duplex on the property. Does this qualify under the ...
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Hello I am looking for doing 1031 Exchange of my two properties. I am looking for QI. Does anyone has any recommendation based on their experience?ThanksUmesh
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Hi BP!
I need your help.
A family member is going to be selling an investment SFH, with the profit to be re-invested into a student housing SFH via 1031 exchange.
Lord willing, my family is going to buy a SFH on ...
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Hey BP Community,
We have a home that has been in the family and has not been declared as a rental for tax purposes due to various family members and friends living in it.
It has come time to sell, and the question ...