My very first post.I have been searching and reading about 1031 Exchange and I thought I had a great handle on it, but the more I read and watch YouTube clips I believe I am getting conflicting information. If I wante...
I have a client who is selling his current investment home which he purchased for his parents ( and with a different lender). We can offer him a loan program which he can purchase a “primary residence” for his parents...
I purchased a single family home on .75 acres in the city of St Paul, MN. I have since split the lot in half, leaving plenty of space to develop a multi-family building, probably 8-12 units. I'm wondering if it is pos...
Hey all, I own a boutique glamping hotel. We bought the land in an LLC 18 months ago and immediately began construction. We opened doors to guests just 4 months ago. Our intent going into it was to hold long term. ...
Does the 2 Year Home Sales Exclusion apply to Apartments 5+ Units? (If you live in one of the units 2 out of 5 years, can you avoid paying capital gains?)
I'm trying to determine if I should sell any/all of my rental properties in my area and invest somewhere else. Question: when using the rental property calculator, should I put in the current income/expenses or use t...
Hi Colorado Springers,My name is Will,I started looking at potential cities for my first investment, and have come to like Colorado Springs. My interest is in multifamily (Duplexes) properties that are in distress in ...
Before you say EXP or REAL, they require you to be licensed all with the same company. I am a Full-Time Realtor in Maryland and I do not intend to change brokers or teams in my hometown. I am currently with Long and F...
Greetings;
I will be selling my sfh in Milw soon; this house was a rental for several years, but I have been living here for the past 3+ years. But I retained my CO residency where I have another house ("my" house)...
I’m a partner in a partnership that owns land. There are several other partners. The partnership is selling a piece of land. Can I do a 1031 exchange with my my share of the proceeds? Other partners will just take the...