Umesh Chokshi
1031 Exchange - Individual name to LLC
Hello , Good morning. I am listing my residential investment property in a day or two for sale and want to do 1031 Exchange. I have one technical question about this transition.In relinquished property, my wife and I ...
Joe Pea
Section 179: buy items one year, sell them the next year, repeat?
Can I take advantage of Section 179 by purchasing something in one year, selling it the next year while buying a new thing the next year, and repeat each year?So for example,buy property for business in 2018, get Sect...
Blake Johnson
Trust: revocable vs irrecoverable
Which is better for real estate, revocable or irrevocable trust? I’m an investor in single family homes.
Victoria Dransoff
Delayed Financing w/SDIRA
Good Afternoon,
I am in the process of purchasing a duplex with my Self-Directed IRA. It is a cash purchase so I am wondering if it's possible to do delayed financing after the close and pull my money back out (but s...
Robert Lockwood
Claiming Depreciation in LLC vs. Personally Owned
My most recent tax filing made me more aware than ever of the potential benefits of claiming depreciation. I've since sold that single family rental and have a contract on another in my area, near Denham Springs, Lou...
Tony Reynolds
Defer Capital Gains without 1031 exchange?
I am closing escrow next week on the sale of a rental property that I have owned for several years: can I avoid capital gains by reinvesting locally (Ca.) or did I blow it by not going 1031?
Maria D'Aura
1031 rental to a 2 unit property and live in one?
Can someone educate me on the guidelines and help me determine if this option is possible? I'm looking to understand what the determining factors are to decide if it fits a 1031.I'm selling a rental condo to 1031 exch...
Brett Benjamin
Best way to handle a house/land split & flip?
I had a question that was a bit above my current knowledge level, wanted to get some opinions here (thank you in advance). 2 months ago, my wife and I purchased an investment home that sits on a double lot. My agent ...
Donald M.
Massachusetts Eviction - Noncompliance with lease
I have a tenant I am considering starting the eviction process on for noncompliance with terms of the lease (smoking inside the property). I spoke with the tenant about it and she agreed not to smoke inside but has st...
Eric Michiels
Fund or Syndication?
Hi, I'm working with a church to convert their space into an apartment complex where the church will have it's meeting room on the first floor and we will build apartments above the meeting room. I'm raising funds for...