Thor Bonaventura
Question regarding 1031
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...
Holly Williams
The Numbers - How Passive Investing Enabled Me to Quit
The response to my post last week about quitting my job has been overwhelming. "How did you do it?" is the question that everyone is asking me, so I thought that I would just answer it here. It started with writing ...
Tommy Sowell
1031 exchange question
Question about the California Claw Back Rule:We 1031 exchanged California property for Hawaii property. If we 1031 exchanged tin Hawaii property for another one do we have to pay tax on the money deferred?
Joe Kato
First chance to sell rent-to Own. Should I hold the note forever or payoff in 3-5 years?
Hi All,
I have my first tenant ask to buy my SFR house from me. What is recommended way to structure an offer to sell owner financed? Or should I just sell outright and transfer profits with a 1031 exchange and buy ...
Elizabeth Woolf
Depreciation and 1031
Someone gave me some advice that sounded too good to be true so I want to verify. If I own a home for 27.5 years and have taken the depreciation expense every year, then I sell the house (for easy numbers let's just s...
Diana Medina
1031 Exchange - How to split the funds
Hello.I’m closing on the sale of a property and have the option to roll over the gains into a 1031 exchange. I’ve identified a new investment and can use part of the funds to finance the new purchase. I can identify a...
Todd N.
Capital gain on commercial properties
Hello, Looking for information regarding CG on a brand new building, less than a year old. I want to sell it and pay off other rental properties. Am I able to do this and not have to pay CG.
Nicholas Lovric
1031 Question - Not an easy one
Hey BP Friends, I’m looking to purchase a multifamily (56 unit) from sellers who acquired it with 1031 exchange proceeds. They want to seller finance it and aren’t sure if they would have to pay out all the deferred t...
Leland Dunn
1031 Exchange, then sell in one year?
We are in the process of a 1031 exchange. Sold an investment property for $285 (140k profit), buying another for $245k (pay capital gains on the 'boot).My Question is, can we hold this rental for a year then sell it f...
Sippy Hira
1031 Exchamge Question
Experienced investors- need some advice!So my husband and I are going to receive net proceeds from a REIT investment at the end of this year. The investment was a 173 unit apartment complex. To defer taxes, can I use ...