Ok so basically - as long as I buy a similar property within 45 days of selling another (and none are owner occupied) - I can avoid being taxed is that right? Does the 45 days have to be after the sale of the original...
Hi,I'm closing on a portfolio of 4 duplexes. All four duplexes are under one LLC and a single commercial loan is servicing the portfolio. I'm considering rehabbing and selling one of the duplexes. My question is this:...
Can anybody help with the following? 1031 can be a bit confusing.I sold a property and can't find anything interesting to invest in. Can I use these money and offer a private loan with no interest payments, just payof...
YES! Seller Concessions can help a borrower qualify or the best loan programs and can make or break a deal.Example: 103,000 list price $95,000 negotiated sales price/ net to seller or$10...
If the market is so hot that I can't find a deal that nets cash flow, would you buy a cash neutral property, or just pay the capital gains tax and depreciation recapture??I thought the answer would be easy, but once y...
Who all is actively getting properties/profits from *facilitating* short sales between owners in default and banks? At a recent REIA meeting, an investor from Florida presented some impressive numbers for this strateg...
Anyone have foreclosure experience in OC?
Is it possible to wholesale a property via a shortsale?
Greeting BP community,
I have a question about the 1031 exchange
I understand the main concept but I am having trouble wrapping my head around the mechanics.
My situation: I currently own a duplex that I have lived...
I'm struggling with whether I can have my cake and eat it too. Situation:Selling my portfolio of 8 SFR's (6 I have had greater than 1 year and 2 I have had less than a year) for $1,200,000I need to get with my CPA to...