All- Thank you in advance for your wisdom on this topic. After much research, I am looking for some guidance on a specific 1031 that I would like to do.I currently own several investment properties in as a tenancy in ...
My wife and I recently relocated to Kalamazoo area. I currently do not have a job because due to the move and I am planning on doing realestate full time. We are selling our half of property that we have partner with...
Is it possible to do a 1031 if you house hack every property you own?Is it possible to do a 1031 between a couple that’s not married and having different names on a mortgage on each house? For example, my girlfriend a...
Let's say your an agent who does 1031 exchanges for multiple different property investors, each one selling and buying at about 1 million each with you (the agent) getting a 5-7% commissions. How many exchanges would ...
I'm under contract to sell my 3-unit property in San Diego I've had since '04. I'm looking to do a 1031 exchange. I'm not impressed with the upleg properties my agent is showing me here. The cash flow is nearly the...
I've been watching the forums for a long time, but haven't posted before. I couldn't find the answer to this question, so I'm sorry if it's been asked before.I am buying a new rental property, and am going to 1031 exc...
Hello BP,
Question regarding exchanges in following example.
Selling Price: $1,200,000
Purchase Price: $200,000 (Fully Depreciated)
Exchange Properties:
2 different properties purchased for $400,000. What is the ...
1031 experts; do foreigners still need a withholding certificate if doing a simultaneous exchange?I have asked some QI’s and they are not sure.If anyone has any recommendations of QI’s who have experience with foreign...
Which method is better when you’re thinking about buying more investment properties? HELOC or using 1031 Exchange?When should you use one or the other?
I am doing a 1031 exchange (nearly simultaneous, closings 2 days apart). I have a mortgage on the relinquished property but also borrowed some funds against my personal HELOC for improvements, etc. Can I show paying o...