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how long do you have to wait before you can move into the property and use it as a primary residence?
Background...
I'm selling my rental house and using that money towards a home I eventually want to m...
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I have two questions...I read somewhere that you pay taxes when you do a flip but not Capital Gains tax if your intention was to flip... can someone explain? Here's somethings we are looking at.... we have held a hou...
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Question: We closed on a property in November 2018 fixed it up and rented it the couple that wants to buy it. They agreed to buy it once we crossed the 1 year mark so that we could roll capital gains out into a 1031 e...
Hey guys I need some quick advice and I am getting deflective answers from my CPA. Here goes:I sold my rental property earlier in the year and performed a 1031 exchange. I bought a new rental property months later, ho...
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Hi everyone,I live in a more expensive market, so I’ve been considering using an owner-occupied loan as to only have to provide 3.5% (or something similarly low) for the down payment. I’m priced out of my local market...
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Does anyone have experience exchanging their small multi family property into a single family home, use it as an investment property then move into it as a primary residence after meeting the requirements? I'm looking...
We currently have two investments properties and was told that we had to wait one year of owning for the 1031 exchange. Is that correct information?
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Can someone point me in the direction of a template or an idea of what all should be covered in a 'letter of interest'? We are looking at a building that won't be available until the first of the year, but the owners ...
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I have a rental that I'd like to demolish and then build a new house for sale. Can I use 1013 exchange when I see it or not?
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How long do I need to rent out my townhouse in California before I can use it in a 1031 exchange?