I had gotten into real estate with the intent of acquiring rental properties and didn't have intentions of flipping. As it turns out, last year I sold a rental property that I had owned for about 10 months and the mo...
Hi BP community,Really wanted to get some feedback from anyone that has made the jump from full-time job to full-time real estate investor (before having the passive income) or anyone that just may have something to s...
Good morning BP,I am thinking about selling my Boston SFR for a MFR in Norfolk Va. A couple questions that I have are as follows:When should I inform a QI that I intend to execute the exchange?- We intend to place the...
I’m selling a house this month that I owe nothing on and I would like to use that money to build a new house on some land that I own. Can I avoid paying capital gains tax some how?
We are selling a property 2/1/21 for a 70,000 profit. We have under contract several purchases 12/31/20. Can we qualify for a reverse 1031 exchange? We are in New Jersey. What do we have to do?Thanks and merry Chri...
Looking for advice, looking to make a larger multi family deal in the near term but would also like to sell current SFR properties that have capital gains. Therefore looking at a reverse 1031 exchange. Is the below in...
Would like to 1031 from LTR into a bigger STR. Is there someone that has done this , knows some intermediary that can help, cost , fees etc. Would love to discuss strategies with a like minded investor/ individual. Le...
Need help calculating capital gains taxes if we decide to do a straight sale vs. 1031. Need to pull out some cash and thinking we want to get out of being landlords but need some good numbers to make our decision. Hav...
I’m selling my commercial property. I’m closing my business and no longer need the property. Currently have over 80% in equity. I’m not a real estate investor by any means so this is a first for me besides the home I ...
So here is my situation. I am in contract on a 3 family home for $815k which I will be getting a loan and will be required to put down 25%($204k). Now I have another property(2 family) that was own for about 30 years ...