I was planning to use a 1031 exchange for the sale of a rental property I own fully (no mortgage). Reading about the criteria to match to have a fully deferred exchange I am afraid I need to reinvest all the proceeds ...
Hello – Need help understanding 1031 exchange rules. I have a $$$ passive investment in multi family property. The sponsor team is selling the property and have identified another property for a 1031 exchange. I inves...
Hello, I have a confusing situation regarding 1031's, and if anyone can provide some insight I would really appreciate it. Two of my relatives were partners on a duplex, and I bought one side of the duplex from them w...
We are in the process of selling a property in Mississippi that we want to use a 1031 Exchange on with a property in Pennsylvania. We had two questions that I wanted to pose . . . . 1) Is there an issue with doing a ...
Are you planning on selling a property and are worried about having to pay capital gains tax?
Fortunately, you have the opportunity to defer the capital gains tax by utilizing a 1031 Exchange.
A 1031 exchange is a t...
Hey BP!We need our voices to be heard. Our president has suggested that 1031 exchanges are limited to a a max 500k tax deferral. I was just on the IPX website, and they make it super easy to send a letter to your st...
I have a client who was gifted two residential lots that are prime real estate in California. The two lots have their own separate tax IDs and property taxes. She lives adjacent to the lots, but are fenced off. She ha...
Hello,
Currently in a 1031 Exchange and have a few questions.
We sold this property last week and we are currently in a 1031-exchange. We are trying to figure out how we can hold title to the new property. Our 103...
Hey guys,To those who have completed a 1031 what sort of costs are you looking at to complete the process? The reason I ask is because I can only do a partial exchange with a boot, so between that and the accounting c...
I looked for advice on this subject about 3 months ago then I had to just jump in and do it. Our San Francisco Bay Area market has become very difficult to find a property. The traditional forward 1031 path of "se...