Quick question. if I buy an investment for $80k less then the property I sold, then put that difference back into the new property as improvements within 180 days would that be a different type of exchange? More diffi...
I am selling my two family home in Boston, MA. I will make about 200k off this sale. I lived in the home for 5 years and rented the second half out. Am I entitled to exemption on the whole property? If not, can I use ...
Hi guys,
I have a single family property that has been and is currently used as a rental, but was gifted to me by a close family friend years ago. It currently cash flows $200.00/month, but that is without a mortgage(...
All my current commercial loans are variable rate, and the bank that have been working with is saying this is all they call offer. Having a fixed rate loan would ease my mind regarding raising rates and down turns etc...
Hi! We are new to investing and BP and jumped in head first and went pro—that's how I roll. HA ;DBrief Background:We have a 2BR SF Bay Area condo that we'd like to 1031 in 2018 when our current tenant's lease is up at...
I have been reviewing a lot of videos and content on 1031 since I am interested in doing one sometime next year. With a lot of experts here, I am hoping to ask some questions that I have not been able to have a concr...
Investment Info:
Single-family residence buy & hold investment in Little Rock.
Purchase price: $52,200
Cash invested: $6,000
****UPDATE**** I sold this property during 2021 for $83,500. After C...
BP,I was hoping someone could answer a quick question for me. I have a large multifamily rental portfolio. Let's say I wanted to sell one of my 8 units and exchange those funds in a 1031 into a vacation home/rental (m...
Hi! I'm getting ready to do a 1031 exchange. IRS says the same party must sell the old property and purchase the new one. But, it doesn't say if we can add someone to the new property. For example, we have someone who...
I'm thinking of doing a 1031 but the local market is seller's so things might not be easy buying something new that makes financial sense. I have no intention to invest out-of-area and willing to pay cap gain tax if t...