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Hi my name is Dominick Stogner and I am very new to the real estate game. I hear a lot of talk about a 1031 exchange. So my first question is "what and how do you use a 1031?". And also one day down the road I want to...
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Hi all- I'm in contract on a property in Ocala FL from a wholesaler. I put down a earnest money deposit of $4,000.After I put down the deposit I found out the home had a prior sinkhole and in talking with local broke...
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BP,
I have a property bought using a 1031 and I’m looking to do another 1031 to upgrade to a small multi-family. I currently have a zero-balance HELOC on it. If I use the HELOC (say, 20k of a 30k HELOC), can I still ...
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We will receive a net gain of $250,000 from the sale of a relinquished investment property and the funds will be held by a QI. We want to purchase a mixed-use replacement property for $750,000--a home with a detached ...
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I have a partnership in a multifamily LLC (2 apartments - 50 units & 20 units) and now we are about to sell the property. Just wondering if I can use 1031 exchange using the proceeds of this sale to buy an SFR. Pl...
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My brother and I have an LLC that owns a share of a property that we inherited.Our property share is about to be purchased, and I would like to rollover my half of the proceeds into 1031/DST properties. My brother mig...
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Looking for a good recommendation on an intermediary to execute a 1031 on 2 deals I am doing in PA. This is my first attempt at a 1031 exchange and I honestly feel a little weird wiring a boat load of money to some co...
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Hello BP, I own 4 rental condos in a single member LLC and I’m interested in selling all the properties to an investor and 1031 exchanging the gain into a building I have under contract (to be held in a new LLC where ...
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I have my property in contract in Columbus Ohio and the buyers wants to also buy my LLC. I know this isn’t entirely out of the ordinary but just wanted to see if there is anything in particular I should look out for ...
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Investment Info:
Large multi-family (5+ units) buy & hold investment in Columbus.
Purchase price: $1,410,000
Cash invested: $364,555
Contributors:
Austin Steed,
Jake Fugman,
...