What are the requirements (if any) for the purchase agreement when selling a property you want to enter into a 1031 exchange? I received an offer on a property and the buyers agent used a standard form type of PA. F...
Hey BP community,
I have a question regarding a 1031 exchange with my parents. They want to sell an investment property and use the 1031 exchange proceeds to help with putting a down payment on a house for my famil...
I am trying to help a client plan for an exchange while I am on vacation so not much time for research. Hoping to get some help here. Client has a single family rental property and would like to exchange into a duplex...
I have a vacation home at Lake Tahoe that I do not utilize often. I would like to sell and purchase another unit in the same area and was hoping I could do a 1031 exchange. Current property I do not rent due to the H...
I have a 1031 Exchange going. We put an offer in on an identified home. We have about $40,000 left over, meaning the home we made an offer on was less than the 1031 Exchange amount. The home, as-is, can work but i...
Investment Info:
Industrial commercial investment investment.
Purchase price: $3,600,000
Cash invested: $1,383,785
93,000 sqft facility. 13,000 sqft. office and 80,000 sqft. warehouse
What m...
Investment Info:
Single-family residence buy & hold investment in Naples.
Purchase price: $190,000
Cash invested: $5,000
2 Bedroom condo overlooking the Ritz Carlton golf course
What mad...
Investment Info:
Single-family residence buy & hold investment in Naples.
Purchase price: $175,000
Cash invested: $85,000
Used 1031 exchange to buy 3 condos in Naples
What made you inter...
Investment Info:
Single-family residence buy & hold investment in Naples.
Purchase price: $165,000
Cash invested: $80,000
Used 1031 exchange to buy three condos
Hello,
My husband and his sister inherited 42% of an investment property in California in 2008 and the other 52% last year. They are planning to sell it this year and I believe it will be subject to capital gains tax...