Matt Good
SFR to multi family?
Can you 1031 your 1 SFR into 1 multi family or even multiple multi family's? Yes, it's an expensive house. I've been told that it has to be a "like" exchange. Please help!
Tereal Wilsonn
Selling a Rental in a LLC with Partners, 1031 exchange?
Selling a Rental in a LLC with Partners, 1031 exchange?Bought a home with family in 2013 for 5k in midtown detroit, we held it rented and now the market has turned and we have an offer of 150K, i have a huge stake in ...
Jason McDougall
Seller has IRS liens, need advice on how to get partial release
Happy Monday BP!I've been working with a seller that is trying to sell 3 houses that are part of his father's estate. The IRS has a lien against his father's estate in the amount of $330k, and I have a contract with t...
Arsalan Augend
Acquisition time for RE Professional Status
I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...
Ellie Narie
How do you do a 1031 exchange for a house-hack with 2 owners that own as JTWROS?
I am selling a 4 unit property that is owned by my partner and I as joint tenants with rights of survivorship. As in, we both own 100% of the property. We both occupied one unit for 2 out of the last 5 years. The othe...
Jasmine Lu
Crowdfunding company with 1031 option?
Hey all, My husband and I are going to sell two of our rental units this year and we are thinking about doing our 1031 exchange for the first time. Based on what I learned about 1031, our replacement property should h...
Jon L.
How can I have new LLCs for 2 new properties with a 1031 exchange
I have an Arizona single member LLC that files taxes as an S-corp "1120s" I sold that property and doing a 1031 exchange the issue I am having is because I file as an S corp I am told I need to purchase the new proper...
Peter Lee
Can capital gains be rolled into another property via 1031?
Wondering if capital gains from a sale (and capital gains only) could be taken and rolled into a different property via 1031 exchange to avoid the tax hit. Or does one have to take all the proceeds and roll them into...
Kevin Korntved
Anyone Planning on Investing in Opportunity Fund Zones
Hi BP,I have heard Amanda Han talk about the Opportunity Funds, but I don't hear of any investors planning on utilizing them. After looking at the maps on zones that will qualify, I have noticed in Wisconsin that the...
Daniel Dietz
Can 1031 be used when selling 1/3 share of LLC that owns property
Hello All, I am just starting to explore the idea of 1031s down the road. Mostly trying to make sure I set things up right entity wise on the front end to make it work later. I along with 2 partners won properties in ...