Vinny Incognoli
Using a Tax Deferred Annuity for down payment.
Hope all is well. I currently own one condo in Colorado and absolutely love that I am earning 16% on my money as opposed to the 1.5% from the bank. I am in the process of searching for another unit, particularly in t...
Bryan Mitchell
Tax deferment strategies And alternatives to 1031 exchange
We may be listing our single-family home investment property this month. It has greatly appreciated and if sold, we could clear $100K. I used 1031 exchanges in the past but failed to find a replacement. I don’t want ...
Ryan Easley
New Tax Strategy - QO Funds - Defer income & tax (even 2017)
I have been closely following the developments around Qualified Opportunity Funds/Zones for the last bit now. Everyone has pretty much been on hold until we get more guidance from the IRS; but, yesterday they updated...
Aviance Betts
Considering selling a rental property in Texas
Good morning,
I purchased my first home, a townhouse, in 2005. I quickly learned I was a nomad and moved after a year. I listed it as a rental property in 2008, and I have been renting it ever since. I am looking to ...
Alex Deal
How do I treat the income I make monthly off of properties purchased with a 1031?
In the future, if I sell a property and buy the next one using a 1031 exchange, are there any restrictions on what I can do with the monthly rent I make on that property, or can I treat the income just like I would if...
Quincy Baker
1031 Exchange Question
I’m trying to understand the basics of 1031 Exchange.Q: 1. The benefit is that while capital gain taxation is deferred it temporarily frees more money (profits/equity) for re-investing is this the point? 2. Does 103...
Taylor Shapiro
Using gross profits for mutifamily down payments, tax deferred?
Hi guys and gals,In the next month or so I'll be selling 2 flip properties- a single family and a 4 unit. I plan on opening a solo 401K to defer some taxes, but as I understand, annual contributions are capped at $50K...
Chang Hee Lee
Opportunity Zones and Deferring Capital Gains Tax on Stocks
Hey BP,Just finished listening and jotting notes down from the most recent BP podcast with @Amanda Han and @Brandon Hall. I'll link it down below...https://www.biggerpockets.com/renewsblog/biggerpoc...If you haven't a...
Charles Mangum
1031 Exchange worth it to defer $11k tax bill?
I'd like to get opinions on whether or not you would do a 1031 in this situation. I have a house I have owned for 2.5 years. It is currently under contract and I my estimated capital gain is $40k which will result i...
Mike Warder
Avoiding 1031 deferred taxes with a land-lease condo?
If I 1031 exchanged into a condo on a land-leased property, once the property reverts to the land owner would I have to pay any deferred taxes on the relinquished property sale? Since there would be no sale of the rep...