Hey guys and gals. I have a 1031 Exchange in my near future and in my market specifically(Miami) prices and therefore cap rates are out of control and ROI’s are not favorable. Any investors out there familiar with oth...

I would like to have a new rear porch built on my three-flat in Chicago.  It is about 8'x20' per floor.  I am looking to get an open wood porch (or perhaps metal).  The work would involve removing the existing porch, ...

Hi,I've searched everywhere and cant find an answer. I am selling my investment property and have a scheduled closing for next month. I know I have 45 days to identify a replacement property "after" closing. My questi...

I met with a real estate broker today (commercial agent) and he mentioned that the tax deferred exchange only applied to properties that are worth more than 300k, and it is mainly used for commercial properties. Is th...

After a 1031 exchange, depreciation is tax deductible from the income generated by the replacement property. Is the depreciation amount based on the cost basis of the old property or the cost basis of the replacement ...

Hi BP,I am extremely excited to be apart of this community! The podcast, articles, and tools are amazing! I was hesitant to post but have recently been encouraged by a fellow investor.I am a new investor in the Detroi...

Hello all - Here is my plan. - Sell property A and roll proceeds into a 1031- Buy property B- Rent property B for two years - Owner move in into property B after two years- Live in property B for at least 8 years- Pot...

I am selling my str but i want to leverage the gains without getting tax hit. Which one would be more beneficial, to do 1031 exchange or buy fixer upper or rehab house?Thanks for your advice in advance.

From what I understand the buyer cannot use 1031 exchange money to pay for renovations...but not sure that is correct.
Would it work to get an estimate, raise the price of the house by the estimate and have the title...

We have very good perspective tenants that pass with flying colors. I would just like verify their income but they are newly retired, Suggestions?