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...
We sold a property july 13 and funds went to a QI as we hoped to do an like kind exchange. We Identified a replacement property August 27 which was day 45. The deal fell through abotu a week later after we had the in...
Hi, I am in the early stages of doing my first 1031 exchange. We are yet to list the property I am replacing, but curious about the 45-d replacement property identified condition. Does that IRS condition mean that I n...
Hello, I am located near midway area. I am preparing to house hack soon with multi family, 2-4 unit. Any investor friendly realtors that are familiar with dupage Or chicago area feel free to connect! Would like to gat...
Hello
I am considering a short sale property (SFH) in the Magnolia area of Seattle (very desired location). The property is valued at $800,000 and is available at $680,000. It does not require more than $5000...
I am getting started and have an investor. They have a 403B, which is similar to a 401K. I spoke to a cpa and was under the impression that I could use a 1031 exchange as long as I am using the money for another inv...
Good Morning,
I have a small IRA (less than $20k) to start investing in RE. Is there a way to start investing in notes without having a huge amount of cash? Who is doing this in Seattle? I keep hearing it can be don...
So, not many years ago I decided that I was going to break the corporate bonds. I wasn't going to be a slave to "the man" my entire life. I wanted to generate enough passive income to be free once and for all. I disco...
I am considering selling a property that will have about a 60k gain and using a 1031 exchange to purchase another property for 110k. I will use personal funds from a Helock for the remaining 50k of the purchase plus ...
Going into 1031 exchange as a newbie...question for the experienced folks. I have enough for possibly 5 properties...some tell me get 5 and leverage as much as you can. Some people tell me leverage 2 or 3 and pay them...