I am going through a divorce and will have to sell a SF rental in California. I am looking into taking the money and buying in central Ohio, where I grew up. I’m a complete novice at this - the house was our one tim...
Hello BP community,I am in the process of selling one of my properties (single family rental), but I am having a hard time finding another property to invest in, hence my need for advice with the 1031 exchange. My fir...
Hi everyone,
I am selling a 4 unit with potentially a large gain. I lived in it the last 2.5 years. I am trying to find and pay a CPA to run the scenario on the potential tax hit if I do not do a 1031. I'd like to ...
Looking for feedback on our next venture.We have looked into these areas, visited east Texas and have been watching the market. However we are not boots on the ground and would appreciate insight from anyone with expe...
Hi everyone. I bought a rental residential property for about $500k, and I estimate it will sell for about $1 million. The property needs to be repaired in order to be sold. The estimated repair cost will be about ...
Excited that this is my first post....I have 3 properties in the Providence, RI area. I am doing a 1031 exchange using my apartment in New York City. I plan to invest back in the Providence area. I have to replace $1....
Hello and Happy Monday BP Family,I have a friend who recently closed on a 1031 exchange property seeking to find another multi-family asset. I wanted to check with my BP family and inquire with the real estate communi...
Hello Team,
Has someone helped a customer complete a 1031-exchange transaction where the investor ended up living in the investment property they purchased?
Would appreciate any guidance offered.
I have a question. Should I enter into a sales agreement for a property of mine when the buyer wants to buy my property via 1031 exchange contingent on the sale of his property??If I do it will tie up my property for ...
Posted earlier and completely messed up the term I was inquiring about...I meant a 1031 exchange instead I referenced a tax form 5498. Anywho, I own a condo in Boston and due to taxes because it’s no longer a primary...