1031 exchanges are a powerful tool for real estate investors. Here's a brief overview of how they work:1. Like-Kind Property: The property you acquire must be similar to the one you sell.2. Timing Rules: You have 45 d...

I'm new to the BP community and excited to be here! I owe a 8500 sq ft lot in West Menlo Park. I plan to tear down the existing structure and build a duplex using a modular builder. I'm having trouble understanding th...

Hi All,I am thinking to sell my old  property. For example if my property sells for 300k I have to pay 6% to realtor which leaves me at 282k. Out of 282k how much taxes I have to pay right away and how much taxes I ha...

Is it worth doing a 1031, if youre talking about 80k gain? I have a single family rental property ill be selling. It would be my first 1031. Are the fees and everything worth the tax benefits when talking about this a...

A friend of mine is looking into doing a 1031 exchange on some property; however, he's getting some conflicting info on one aspect of it so I thought I'd ask the experts here.

Here's the situation:

He is selling som...

Hello All,A little background first of all. I currently own 2 duplexes and 2 SFHs as rentals. Both duplexes and one SFH have mortgages on them. The other SFH I paid cash for, rehabbed, and have rented out right now. I...

Hi all,

I need help or advice on finding and accessing properties that have "1031 quality" attributes. Id love to hear tips and advice from other brokers. As a side, Im trying to sell someones development site whic...

Hello I'm new here and I am more than excited to get started in the real estate business. I have goals from buying, fixing, and selling, to Airbnb owning. Any suggestions, advice, or experience you could give me. I wo...

I have a couple of rental properties, 4 doors. Been at it for almost 15 years (yes, its just a side-thing, for now...). Have also been doing my own taxes the entire time. Expenses incurred to maintain, fix, service th...

Hello All, firstly I would like to thank you for reading this and for any suggestions you may have...I am very close to selling my property in the Hudson Valley and I am very confused about what I should do afterward....