I live in California and want to 1031 my investment property in Memphis, TN to buy my brother’s investment property in Houston. I currently own 2 other properties in Houston and want to consolidate my portfolio under ...
Have a commercial property of which will be paid off soon. Thinking of doing a 1031 exchange for commercial, retail, office or residential.Do I have all these options? Or must I stay with Commercial? Ken
Can you use the money from a 10-31 tax exchange to pay off the loans on existing mortgages? Seems like it would be a good way to increase cash flows while scaling down a portfolio so you could hold fewer properties as...
Looking for some different vantage points, recently sold an industrial commercial property in California, netted about 4.8, looking to exchange into a retail property or diversify into 2. I don't want to leverage myse...
I have a question regarding a 1031 exchange. I own some single family rentals and a newly aquired mobile home park. I am curious about selling one of the single family rentals and 1031 exchange to pay down the mortga...
Hey Everyone, I am looking into my first 1031 exchange and have a few questions. I have a mobile home park under contract and the lender is requiring more money down than planned. So,I plan on selling 2-3 of our curr...
Having just completed a successful flip, I was too eager to close and move on to the next property.In my eagerness (stupidity/sloppiness) I did not file paperwork for 1031. So while I am in the process of buying the n...
Hi Everyone,Looking to get further detail and advice regarding selling a rental property and a 1031 exchange.My father owns an apartment for over 25 years but has not lived in it and has rented it for the past 5. He i...
I invested in land property. 200 acres last year with my brother. We currently don't have any LLC or other sort of company legal structure.I will assume a $50,000 gain after the sale. My question is if I can do a 1031...
I have a rental condo that has just been voted to be deconverted, so the building is being bought out. The closing will not take place for at least another 60 days since the new owners are doing their due diligence...