Happy Investing! We are closing on our rental property SALE April 30th. Planning to take advantage of a 1031 Exchange. To avoid a legal nightmare, please reply if you know of a reputable company, with a long track re...
Question for 1031 Exchange owned by LLC in North Carolina...
Individual owns Property A in "Property A LLC". He also owns Property B in "Property B LLC". He sells Property A for 70k profit. Can he buy Property B with...
Can anybody recommend a reputable Qualified Intermediary to help me with my 1031 Exchange?
Aloha everyone, I'm trying to figure out a capital gains tax question. I have a rental I'm selling to my tenant. I purchased in 2003, lived in it as primary til Oct 2007. My understanding is active duty military has 1...
I was planning to use a 1031 exchange for the sale of a rental property I own fully (no mortgage). Reading about the criteria to match to have a fully deferred exchange I am afraid I need to reinvest all the proceeds ...
Hello – Need help understanding 1031 exchange rules. I have a $$$ passive investment in multi family property. The sponsor team is selling the property and have identified another property for a 1031 exchange. I inves...
Hello, I have a confusing situation regarding 1031's, and if anyone can provide some insight I would really appreciate it. Two of my relatives were partners on a duplex, and I bought one side of the duplex from them w...
We are in the process of selling a property in Mississippi that we want to use a 1031 Exchange on with a property in Pennsylvania. We had two questions that I wanted to pose . . . . 1) Is there an issue with doing a ...
Are you planning on selling a property and are worried about having to pay capital gains tax?
Fortunately, you have the opportunity to defer the capital gains tax by utilizing a 1031 Exchange.
A 1031 exchange is a t...
Hey BP!We need our voices to be heard. Our president has suggested that 1031 exchanges are limited to a a max 500k tax deferral. I was just on the IPX website, and they make it super easy to send a letter to your st...