Hello BP familyI am currently putting an investment property on the market with the idea of doing a 1031 exchange. I would like to by an SFR and "house hack" - live in one room and rent out the others. But, I was read...
We have a property that we have purchased with cash and are now looking to do a 1031 Exchange. We bought the property for 140,000 and put 20,000 into it. If we sell the property for 250,000 do we have to reinvest the ...
BP Community! My question is can you do a 1031 exchange in to a syndication? Any info on the topic would be much appreciated.
Hi all, I am reading Brandon Turner’s book (The Book On Rental Property Investing) right now and he discusses the “1031 exchange”. I currently live in the Netherlands and, of course, taxes work differently here. So, I...
Bought property for $160k back in 2011...recently sold for $240k. Wanting to re-invest but, because of COVID, and delayed mortgage payments by banks (and thus, decreased foreclosures) we are unsure. Would love to turn...
I am looking to buy a Vacation rental cottage in OBX N.C. which I plan to move into as my primary when I retire several years from now. I have been approved by a lender and have begun my search for homes. I had an ide...
Here is my issue: I have money in my IRA, but I want to be able to invest and utilize the cash flow generated now. I believe if I self direct my IRA to invest in real estate all the profits have to go back into the IR...
What happens to mortgage note during 1031 exchange.Im thinking old is paid off, but looks like entire sale transfers.Therefore do I need to acquire a new mortgage for my present debt ?
Hello Everyone!I'm so excited to complete my first 1031 exchange! I'm selling 9 Glen Ave, Unit 20, Chelmsford MA 01824. I've owned this rental condo for many years, and now I'm finally selling. The Closing is schedul...
I need recommendations on who to talk with about a 1031 exchange in Oklahoma City.