Philip Davis
Using a portion of the proceeds of a 1031 to pay an exsiting 1031
My wife and I successfully executed a 1031 (A) by selling one rental property in CA and buying two in VA two years ago. These two properties each required mortgages to be taken. A recent death in the family now forc...
Krista Roodzant
Should it stay or should it go?
Not sure if this CA property purchased in 2011 is a keeper or if I should 1031 exchange it this summer when the lease is up. Some stats: Purchased for $148,000 and refinanced in 2015 with a cash out that was used to...
Elena Gasol
Creative deal structure/capital gains?
Hi BP community!Looking for some ideas on how to structure a deal. Our potential sellers, who bought their property a little more than a year ago as their primary home, would like to sell quickly for health reasons to...
Chris Mooney
1031 Eligible? Being added as member of an LLC & selling property
Hello all,I'm in an unusual scenario and wanted to get some guidance from the BP community.My fiance is being added as a member of an LLC that owns a residential and a commercial property, both of which are in the pro...
J Gold
1031, refinance, or HELOC
I own an investment property that my wife and I obtained for a great deal in Vallejo, Ca in 2016. We lived in it for a couple years then needed to move for a new job opportunity. Long story short we rented the proper...
Kelvin J.
1031 vs leveraging equity question.
Mornin’ BP! I have a $150k piece of land (w/ well if that matters) that I intended to build my primary residence on. I own the land free and clear but I now intend to use it to help get into a MF investment property. ...
Matthew Hirbour
Tax exclusion upon sale of home
Hi everyone, Question regarding tax exclusion for sale of home. My wife and I own a condo in Jackson Hole, Wyoming. We have lived in it for 5 years, and we just got our names pulled for the employee housing lottery of...
Frank Johnson
Orlando Based Investor
Hello Bigger Pockets Community. I am a working professional in the cloud computing space of big tech and a current graduate student at the University of Central Florida. I currently reside in Orlando and will be here ...
Ben Hutto
When Doesn't it Make Sense to do a 1031 Exchange
I hear a TON about how 1031 exchanges are a great way to defer taxes + grow your portfolio faster. I've never done a 1031, but understand the logic and benefit behind them. I also understand some of the restrictions a...
Bobby Foster
Live-in BRRRR Strategy?
Hello BP,
I am a new investor in the Tucson area and this is actually my first BP post! I'm looking for some opinions about my beginning investing strategy.
My apartment lease is up in about 6 months and I plan on ...