After watching a numerous episodes of American Greed on CNBC, one thing that is made clear to me is people should trust but verify, verify, verify. So many of the con artists from the show have ruin lives promising qu...
I have under contract two different properties requesting a 1031 Exchange. Is it allowed to play “MatchMaker” aka Wholesale, by bringing the two together, assigning my interest in the transaction and collect an assign...
Scenario:Inherited a singe family home 12 years ago (owned equally between 3 parties). One of those years it was rented to a tenant (8 years ago). All other years the house was simply a mountain getaway for the family...
Looking for some feedback on a 1031 exchange I'm currently doing. I just sold my condo and the capital gains are sitting with a qualified intermediary. The property I would like to buy is under contract and has a mo...
Hello BP members,We are in the middle of a 1031 exchange. We sold a property in FL for 440k. What we have in the exchange after escrow is 379k. We are looking at a multifamily property in another state for 1.6 million...
My parents are looking to 1031 a 3 unit property for a 6 unit property and add my brother to the 6 unit property. Is it smart to put my brother on the deed of the new property? Will this effect the tax advantage? W...
Question for anyone with experience as a Real Estate CPA or attorney or partnership experience:
I am potentially looking into partnering in the future with another individual and forming an LLC to start investing in...
Within a Checkbook IRA LLC, Could I loan the LLC money if I treated it as any other loan? Or is this against the prohibited transactions rules?
I'm going into 1031 exchange and want to invest into DST's. Seems to be a lot of good brokers out there. I've looked into Kay properties, Chicagoland1031, Corcapa1031, and a few individual brokers. Does anyone have an...
Hi, new here..recently divorced. Awarded the investment property(cabin) with no mortgage and home with $155000 mortgage. Would like to 1031 the cabin and assume loan on house but my monthly income is child support $11...