BP Community! My question is can you do a 1031 exchange in to a syndication? Any info on the topic would be much appreciated.
Hi all, I am reading Brandon Turner’s book (The Book On Rental Property Investing) right now and he discusses the “1031 exchange”. I currently live in the Netherlands and, of course, taxes work differently here. So, I...
Bought property for $160k back in 2011...recently sold for $240k. Wanting to re-invest but, because of COVID, and delayed mortgage payments by banks (and thus, decreased foreclosures) we are unsure. Would love to turn...
I am looking to buy a Vacation rental cottage in OBX N.C. which I plan to move into as my primary when I retire several years from now. I have been approved by a lender and have begun my search for homes. I had an ide...
What happens to mortgage note during 1031 exchange.Im thinking old is paid off, but looks like entire sale transfers.Therefore do I need to acquire a new mortgage for my present debt ?
Hello Everyone!I'm so excited to complete my first 1031 exchange! I'm selling 9 Glen Ave, Unit 20, Chelmsford MA 01824. I've owned this rental condo for many years, and now I'm finally selling. The Closing is schedul...
I need recommendations on who to talk with about a 1031 exchange in Oklahoma City.
Hi everyone,I could probably figure this out eventually, but I'd like to get an authoritative answer. There's probably someone on here who can answer this in 2 seconds.Let's say I bought a rental property for $400k an...
I’m looking to potentially refinance a rental I already have & buy another rental property - 1031 exchange. Besides a mortgage broker & realtor, any other professionals that I should involve? Recommendations?...
Purchase price $600k
Rehab: $100k
Sale price $800k
Gain: $100K
Is it possible to take the $100k Gain & buy a $100K property cash w/ 1031 exchange?