Hi! I have a good understanding of the 1031 exchange but have this question. If I buy a property, rehab and sell it within a 3-6 month time frame, can i 1031 exchange that into a long term hold property? The specifi...
I have a rental property in Denver, CO that has appreciated 300K since I bought it in 2011. I have a great property management company and great tenants, I take home $500/month of rental income. It is an old house (...
We are looking to sell our house that we have owned for a little over a year and a half. We have been presented with an opportunity to buy a family members 6-flat and really want to go through with it. We are looking ...
Hi BP community, I am in the process of selling a property and would like to know if 1031 exchange would work for auctions. I can't seem to see why it wouldn't work with auctions, but I would like to know if it would ...
I currently own a 2b/2b and has been a rental property for 13 months now. (Was a primary residence before). Wondering what are the requirements for a 1031 exchange if i were to sell the condo and buy a single family r...
Please help me answer what should be a simple yes or no question that is currently part of a family dispute. I know little to nothing about 1031 exchanges. Thank you all for reading this post and for any comment you m...
I just went into contract to sell my three Duplexes in Columbus, OH. I am now in the search of an apartment building in the $500,000 - $1,000,000 price range, hoping to identify a property by the end of August . Ideal...
I live in California and want to 1031 my investment property in Memphis, TN to buy my brother’s investment property in Houston. I currently own 2 other properties in Houston and want to consolidate my portfolio under ...
Have a commercial property of which will be paid off soon. Thinking of doing a 1031 exchange for commercial, retail, office or residential.Do I have all these options? Or must I stay with Commercial? Ken
Can you use the money from a 10-31 tax exchange to pay off the loans on existing mortgages? Seems like it would be a good way to increase cash flows while scaling down a portfolio so you could hold fewer properties as...