Jules H
1031 Exchange Property
I'm going to sell one of my rental properties in San Jose, CA and planning to do a 1031 exchange also in CA. I will be renting the property, so it will be like-kind property. I read somewhere that the propert...
Jimmy Domer
1031 Exchange Question
I understand the 1031 exchange basics. I am hoping to use it for a rental I am selling to purchase another two properties. Am I able to exchange with two different properties or does it have to be to one? Also, how...
Account Closed
Partial 1031 exchange
I have a property with a $223,000 mortgage. I want to sell it for $340,000 and buy out half of another property (I currently own the other half already) for $190,000. I will have to get a $100,000 mortgage on this new...
Ivy Jones
1031 Exchange questions
Hey everyone! Newbie here. :-) I have a couple of questions about the 1031 exchange I'm hoping to get answered or at least get a little better understanding on. First, we own a property in Mexico that we've been renti...
Conner Parsons
1031 Exchange - Process
I am looking to do a 1031 exchange , but have a question regarding the process. Does due diligence on the property need to be conducted before or after identifying the property within the 45 day window? For instance, ...
Kirsten Braddock
1031 Exchange Question
When using a 1031 Exchange, do you have to replace the actual amount of real estate value into another property or is it just the gain that you need to transfer to the new property?Example: I bought a $200k SFH as a p...
Jay P.
1031 exchange question.
Hi I have a question about 1031 exchange. I am an part owner of LLC the owns a commercial property. My partner who is majority owner wants to sell the property and buy another one. But he wants to be 100% owner of ...
Joseph Maldonado
failed 1031 exchange
i recently had a failed 1031. closing date of sale of property was 10-10-2017 my 1031 exchange did not go through, i received my proceeds of the sale on 04-19-2018 how do i claim this on my taxes and in what year. ca...
Elena Mafla
Taxes - 1031 Exchange
When using a 1031 exchange form, do you have to use the full cash amount you are getting from the sale transaction , or can you use just minimum required for the new purchase. Sample; capital gain is $150K minimum dow...
Ronald Roetsel
Partial 1031 Exchange?
Is it possible to do a "partial" 1031 exchange? I need to sell my NY rental property (co-op) but unfortunately I cannot reinvest 100% of its value. I was wondering if buying e.g. some land (value approx 25-30% of sold...