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We have successfully made a deal on an REO home, but have some questions on a 1031 exchange for it. The idea is to take the home (purchased for $50k), put $15-20k into it and sell it for up to $100k. 1) The purchase...
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I have a client who wants to 1031 his properties. I have a couple questions for yall
1. If he has 4 rentals, can he 1031 all 4 rentals into 1 property?
2. Do the properties have to be just listed for the 45 day pe...
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I have a small MF property I am thinking about trying to do a 1031 exchange with. I know high level how it works, but not sure how to get started. Do all realtors know how to do a 1031 exchange? Do I need to find a sp...
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Has anyone used HARD EQUITY FINANCING?
They have good rates but charge about 1500 for underwritting fees.
Please let me know
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Hey wanted to hear from some different agents on how many deals you did last year and maybe what you accredit it to. Just curious to see who Is out there making things happen and maybe toss around ideas.
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Need some help with tax math here. Wondering if this is a viable alternate strategy to a 1031 exchange? Here are the specifics:I'm getting ready to sell a rental property (Property A) for about $6.5M next month ...
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Hi everyone,
I'm looking for a layman's explanation of how a 1031 exchange works. I did some searching in threads and many of the explanations are pretty complicated. Can someone post a simple step by step guide to t...
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Hopefully someone can shed some light from experience.I'm in Rhode Island and going to do a 1031 exchange and my accountant needs to obtain a letter of good standing from my state. The accountant claims that I need to...
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Hello AllHaving completed a 1031 exchange there are some important lessons i learned. I haven't read about them anywhere so just wanted to share with you all so that you all could be cautious. 1. 1031 company - Title...
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I am close to going into contract for the sale of my property. Is it required or desirable to include a 1031 cooperation clause or any other language regarding my intent to sell this property as part of a 1031 exchang...